Kincumber, 2251 ranked 166th 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
When looking at the potential capital gains offered to property investors over the last 3 years, Kincumber comes in at number 154th in NSW.
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 -4.54% is being offered, which puts this NSW suburb at 2550th most discounted overall in Australia.
Kincumber is 581th on a list of best yielding suburbs for rents in NSW with a 3.47% return
Property value increases in Kincumber have tracked just higher than the NSW average of 7.26% over the last 12 months.
A 75.55% growth in median value for property investors in Kincumber,2251 puts this suburb at number 117th in terms of best performing suburbs in NSW
The most recent median price for Kincumber is $477500, with sellers offering an average of -7.89% off the asking price.
The NSW suburb of Kincumber, 2251 is in the Gosford local government area.
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