At number 339th in the list of Australian suburbs ordered by increase in median house value over the last year, Kingscliff, 2487 is in the top 10% with a property value increase of 17.38% recorded in median house prices.
While Kingscliff,2487 ranked number 315th in NSW for increase in median house value (annualised) increase, it is ranked 661th over the last 5 years.
Kingscliff2487 is located in NSW which offers an average discount of -5.53% to property investors. Kingscliff itself is showing figures that indicate -5.70% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 4.92%, investors should hope to achieve an overall return of 3.66%
At number 1287th in the list of Australian suburbs ordered by increase in median house value over the last year, Kingscliff, 2487 is in the BOTTOM 30% with a property value increase of -2.78% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Kingscliff,2487 has racked up an average of -2.78% over the period. This ranks it number 800th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Kingscliff 2487 should be seeing an average reduction in asking price of around -5.29% . This means that Kingscliff is holding prices well when compared to other suburbs in NSW.
In the last year 180 properties changed hands in Kingscliff, which puts it as the 63th most active market in NSW when comparing the number of sales per suburb.
Kingscliff, 2487’s gross rental yield is 5.20%