At number 62th in the list of Australian suburbs ordered by increase in median house value over the last year, Port Kembla, 2505 is in the top 10% with a property value increase of 33.33% recorded in median house prices.
Over the longer term, Port Kembla has seen property prices show investors a 45.00% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Port Kembla 2505 should be seeing an average reduction in asking price of around -3.41% . This means that Port Kembla is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Port Kembla being $580000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.68%
NSW has seen average median house prices change by 6.07% which means that Port Kembla, 2505 has done well for property investors by showing a capital gain of 13.08% over the last year
With the median price for a house in Port Kembla being $367500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 3.96%