Property value increases in Kelso have tracked lower than the NSW average of 7.47% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Kelso comes in at number 1193th in NSW.
Property buyers and investors in Kelso 2795 should be seeing an average reduction in asking price of around -3.32% . This means that Kelso is holding prices well when compared to other suburbs in NSW.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 3.88%.
With a capital gain of -0.86% for the last 12 months, Kelso, 2795 has performed for property investments than its average annual 14.74% property growth over the last 5 years.
A 69.27% growth in median value for property investors in Kelso,2795 puts this suburb at number 456th in terms of best performing suburbs in NSW
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 14.74%, investors should hope to achieve an overall return of 4.50%