Kanahooka, 2530 ranked 847th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kanahooka is one of 3162 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Kanahooka comes in at number 618th in NSW.
Property buyers and investors in Kanahooka 2530 should be seeing an average reduction in asking price of around -4.84% . This means that Kanahooka is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $435 and the average annual increase in value of a median property of 4.55%, investors should hope to achieve an overall return of 4.46%
Investment property in Kanahooka has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.76%
While Kanahooka,2530 ranked number 104th in NSW for increase in median house value (annualised) increase, it is ranked 493th over the last 5 years.
Property investors looking for a bargain in Kanahooka should be aiming for at least -5.23% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 15.65km from the CBD, Kanahooka is one of Wollongong localities in the postcode 2530.