Property value increases in Kelso have tracked lower than the NSW average of 11.06% over the last 12 months.
While Kelso,2795 ranked number 995th in NSW for increase in median house value (annualised) increase, it is ranked 1090th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Kelso is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 908th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 4.46%, investors should hope to achieve an overall return of 4.58%