Katoomba is an average performer in NSW when comparing median price capital growth over the last year. Katoomba gave property investors a average capital gain figure when compared to the rest of the state, with 7.29%.
While Katoomba,2780 ranked number 493th in NSW for increase in median house value (annualised) increase, it is ranked 539th over the last 5 years.
Katoomba, 2780 is offering NSW ‘s 713th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
At number 949 in a list of fastest selling suburbs, Katoomba is in the TOP 30% of suburbs in Australia with an average of days on market 60.17 for properties listed there.
Advertised rents are around the $400 mark per week – giving a return of 4.04% based on the median price in Suburb
Property investors who have had real estate in Katoomba, 2780 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.19%
A 51.94% growth in median value for property investors in Katoomba,2780 puts this suburb at number 233th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Katoomba is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 399th in terms of most discounted suburbs in NSW
Situated 84.76km from the CBD, Katoomba is one of Blue Mountains localities in the postcode 2780.