Over the last year, property investments in Kingscliff, 2487 have given investors a capital gain of 4.27%. This compares badly with the 8.26% for NSW as a whole.
If we look at median property appreciation over just the last three months, Kingscliff has given property investors a paper return of -0.58%. This puts Suburb as 1178 on a list of fastest fasting appreciating suburbs in NSW
Kingscliff2487 is located in NSW which offers an average discount of -5.49% to property investors. Kingscliff itself is showing figures that indicate -6.09% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 10.42 sales per month, which equates to 125 per year.
Kingscliff is 583th on a list of best yielding suburbs for rents in NSW with a 3.65% return
Investment property in Kingscliff has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.46%
If we look at median property appreciation over just the last three months, Kingscliff has given property investors a paper return of 0.70%. This puts Suburb as 330 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Kingscliff itself are offering an average vendor discount of -5.46% to real estate investors.
With the median price for a house in Kingscliff being $433000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 5.04%