Investment property in Kiama Heights has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.08%
Taking the average capital gain, or increase in median house value, Kiama Heights,2533 has racked up an average of 5.08% over the period. This ranks it number 1914th 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 -5.28% offered to property buyers. Sellers in Kiama Heights itself are offering an average vendor discount of -4.84% to real estate investors.
Using the current median advertised rental of $527.5 and the average annual increase in value of a median property of 5.10%, investors should hope to achieve an overall return of 3.31%