If you compare the increase in value of investment property in Kelso, 2795 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.41%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kelso has increased when compared to the 5 year average annual rate.
Kelso, 2795 is offering NSW ‘s 1050th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
On average over the past year, suburb has had 16.08 sales per month, which equates to 193 per year.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 4.17%, investors should hope to achieve an overall return of 4.65%
While Kelso,2795 ranked number 310th in NSW for increase in median house value (annualised) increase, it is ranked 54th over the last 5 years.
Advertised rents are around the $300 mark per week – giving a return of 4.46% based on the median price in Suburb