If you compare the increase in value of investment property in Kiama, 2533 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.60%.
Kiama,2533 was ranked 3210 in Australia by increase in median property value over the quarter.
Kiama2533 is located in NSW which offers an average discount of -5.28% to property investors. Kiama itself is showing figures that indicate -5.15% is the average achievable by property buyers investing in the suburb.
Situated 94.86km from the CBD, Kiama is one of Kiama localities in the postcode 2533.
Kiama, 2533 ranked 125th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kiama is one of 3163 in our list for NSW
Over the longer term, Kiama has seen property prices show investors a 33.48% return over the last 3 years. This is worse than over the last 12 months
Kiama, 2533 is offering NSW ‘s 100th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
Kiama is 303th on a list of best yielding suburbs for rents in NSW with a 3.94% return
The Shellharbour coastline of NSW stretches southward from the banks of Lake Illawarra to the popular fishing resort of Kiama.Full summary
Information supplied by:
The Shellharbour coastline of NSW stretches southward from the banks of Lake Illawarra to the popular fishing resort of Kiama. With its close proximity to the industrial precinct at Port Kembla, a suburb of Wollongong, demand for rental properties is being bolstered by emerging capital works including a new power plant and a new automotive importing facility.
Nestled between Lake Illawarra and the Pacific coastline is the town of Shellharbour, and its satellite suburbs, Blackbutt and Flinders in particular, are taking off in terms of population growth.