At number 956th in the list of Australian suburbs ordered by increase in median house value over the last year, Kanahooka, 2530 is in the top 30% with a property value increase of 10.22% recorded in median house prices.
While Kanahooka,2530 ranked number 287th in NSW for increase in median house value (annualised) increase, it is ranked 611th over the last 5 years.
Our latest figures would indicate that property sellers in Kanahooka are currently offering property investors an average price cut of -4.56% below the asking price at the moment.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 5.72%, investors should hope to achieve an overall return of 4.25%
Property value increases in Kanahooka have tracked higher than the NSW average of 5.59% over the last 12 months.
Over the longer term, Kanahooka has seen property prices show investors a 28.95% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -14.94% to buyers in Kanahooka at the moment, which is less than average for the rest of NSW.
Residents and property investors in Kanahooka have been waiting around 125.27 days to sell a property.