Property value increases in Kooringal have tracked just lower than the NSW average of 6.38% over the last 12 months.
Comparing Kooringal,2650 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Kooringal itself are offering an average vendor discount of -5.86% to real estate investors.
The NSW suburb of Kooringal, 2650 is in the Wagga Wagga local government area.
Kooringal has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.52% to date .
The five-year average increase in median property values for Kooringal,2650 has given property investors a potential capital gain of -6.27% across each of those five years.
In the last year 19 properties changed hands in Kooringal, which puts it as the 451th most active market in NSW when comparing the number of sales per suburb.
Kooringal, 2650’s gross rental yield is 6.02%