Giving property investors a a solid capital gain of 23.71% for the last year, Katoomba, 2780 is the 263th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Katoomba,2780 has racked up an average of 23.71% over the period. This ranks it number 168th in the whole country for real estate investors looking at median house price increases.
Katoomba2780 is located in NSW which offers an average discount of -5.22% to property investors. Katoomba itself is showing figures that indicate -5.02% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Katoomba have been waiting around 60.71 days to sell a property.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
Property value increases in Katoomba have tracked just higher than the NSW average of 8.63% over the last 12 months.
Comparing Katoomba,2780 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Katoomba 2780 should be seeing an average reduction in asking price of around -3.68% . This means that Katoomba is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Katoomba the average time real estate has been on the market is 53.56 days.
Advertised rents are around the $345 mark per week – giving a return of 4.43% based on the median price in Suburb