Kingscliff, 2487 ranked 205th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kingscliff is one of 3163 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Kingscliff comes in at number 391th in NSW.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kingscliff, 2487. Typically our figures indicate that -5.79% is being offered, which puts this NSW suburb at 2005th most discounted overall in Australia.
Advertised rents are around the $590 mark per week – giving a return of 3.54% based on the median price in Suburb
NSW has seen average median house prices change by 5.59% which means that Kingscliff, 2487 has done well for property investors by showing a capital gain of -3.47% over the last year
The five-year average increase in median property values for Kingscliff,2487 has given property investors a potential capital gain of 21.75% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Kingscliff is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 98th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Kingscliff the average time real estate has been on the market is 95.9 days.
Using the current median advertised rental of $415 and the average annual increase in value of a median property of -0.24%, investors should hope to achieve an overall return of 5.01%