Over the last year, property investments in Kincumber, 2251 have given investors a capital gain of 15.07%. This compares very favourably with the 8.12% for NSW as a whole.
The five-year average increase in median property values for Kincumber,2251 has given property investors a potential capital gain of 93.42% across each of those five years.
Kincumber2251 is located in NSW which offers an average discount of -5.49% to property investors. Kincumber itself is showing figures that indicate -4.33% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Kincumber, 2251 is in the Gosford local government area.
NSW has seen average median house prices change by 5.36% which means that Kincumber, 2251 has done well for property investors by showing a capital gain of -0.32% over the last year
While Kincumber,2251 ranked number 385th in NSW for increase in median house value (annualised) increase, it is ranked 134th over the last 5 years.
Sellers are offering property buyers an average discount of -9.88% to buyers in Kincumber at the moment, which is less than average for the rest of NSW.
At number 266 in a list of fastest selling suburbs, Kincumber is in the TOP 20% of suburbs in Australia with an average of days on market 46.77 for properties listed there.
Situated 33.51km from the CBD, Kincumber is one of Gosford localities in the postcode 2251.
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
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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