Kincumber, 2251 ranked 763th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kincumber is one of 3163 in our list for NSW
Across a shorter period, Kincumber, 2251 has seen a median price increase of 3.08% over the last quarter.
At number 367th of NSW’s most discounted properties, Kincumber is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 123 properties changed hands in Kincumber, which puts it as the 196th most active market in NSW when comparing the number of sales per suburb.
Property value increases in Kincumber have tracked just higher than the NSW average of 8.39% over the last 12 months.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kincumber, 2251. Typically our figures indicate that -9.27% is being offered, which puts this NSW suburb at 9th most discounted overall in Australia.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.
Kincumber, 2251’s gross rental yield is 4.43%
The suburb of Kincumber has been experiencing stunning levels of growth, logging a striking average annual growth rate of 9.96%, according to CoreLogic.Full summary
Information supplied by:
Mountain reserve home sustains star performance
Median unit price: $450,000
Three-year growth: 41.45%
Rental yield: 4.62%
Sandwiched between the Kincumba Mountain Reserve and the Kincumber Broadwater, the suburb of Kincumber has been experiencing stunning levels of growth, logging a striking average annual growth rate of 9.96%, as per CoreLogic.
This trend does not appear to be slowing down anytime soon, with prices in the unit market soaring by 25% in the past 12 months leading up to April 2017. Apartments are in considerable demand, as they are selling at a low average discount rate of only 2.62%. It’s a good deal as well for investors, given the high expected yield of almost 5%.
The local mountain reserve hosts many community events and is a popular recreational spot for picnics and bushwalking. There is a shopping centre in town, along with a primary school and a high school.Close