If you compare the increase in value of investment property in Kanahooka, 2530 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.19%.
Taking the average capital gain, or increase in median house value, Kanahooka,2530 has racked up an average of 16.19% over the period. This ranks it number 174th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Kanahooka itself are offering an average vendor discount of -3.82% to real estate investors.
On average over the past year, suburb has had 8.83 sales per month, which equates to 106 per year.
Over the last year, property investments in Kanahooka, 2530 have given investors a capital gain of 7.37%. This compares averagely with the 8.63% for NSW as a whole.
Property investors looking for a bargain in Kanahooka should be aiming for at least -5.38% off the asking price, which is the average vendor discount being achieved at the moment.
Kanahooka, 2530’s gross rental yield is 4.69%