NSW has seen average median house prices change by 7.47% which means that Port Kembla, 2505 has done well for property investors by showing a capital gain of 32.03% over the last year
Port Kembla,2505 was ranked 288 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Port Kembla itself are offering an average vendor discount of -3.09% to real estate investors.
Port Kembla, 2505’s gross rental yield is 3.71%
Advertised rents are around the $280 mark per week – giving a return of 2.91% based on the median price in Suburb