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 15.33%
When looking at the potential capital gains offered to property investors over the last 3 years, Kanahooka comes in at number 129th in NSW.
LACK OF BUYER INTEREST may well be the reason that Kanahooka is offering property investors an average of -5.23. This rate of discount on properties puts Suburb at number 956th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Kanahooka the average time real estate has been on the market is 31.78 days.
Situated 77.59km from the CBD, Kanahooka is one of Wollongong localities in the postcode 2530.
Kanahooka has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.11% to date .
Taking the average capital gain, or increase in median house value, Kanahooka,2530 has racked up an average of 8.11% over the period. This ranks it number 393th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
Kanahooka is 91th on a list of best yielding suburbs for rents in NSW with a 4.99% return