Giving property investors a a solid capital gain of 16.00% for the last year, Korora, 2450 is the 407th highest performer in Australia in this respect.
Over the longer term, Korora has seen property prices show investors a 19.90% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Korora itself are offering an average vendor discount of -4.52% to real estate investors.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 3.71%, investors should hope to achieve an overall return of 4.12%
Property investors who have had real estate in Korora, 2450 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.38%
When looking at the potential capital gains offered to property investors over the last 3 years, Korora comes in at number 464th in NSW.
Property investors should expect to get $380 weekly from the median priced house in this suburb.