At number 1381th in the list of Australian suburbs ordered by increase in median house value over the last year, Kuluin, 4558 is in the top 40% with a property value increase of 6.88% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kuluin has increased when compared to the 5 year average annual rate.
The most recent median price for Kuluin is $501250, with sellers offering an average of -4.27% off the asking price.
Residents and property investors in Kuluin have been waiting around 33.83 days to sell a property.
Nestled in Queensland’s Sunshine Coast region, the suburb of Kuluin is part of the Maroochydore urban centreFull summary
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Sunshine Coast houses at reasonable prices
Median house price: $510,000
Three-year growth: 28.5%
Rental yield: 5.0%
Nestled in Queensland’s Sunshine Coast region, the suburb of Kuluin is part of the Maroochydore urban centre.
Kuluin has enjoyed the boom of the Sunshine Coast, with house prices remaining high and continuing to rise in the five years since 2013. Houses are reasonably affordable, with the median price just passing $500,000 after 13.3% growth in the May 2017-2018 period. Such properties sell quickly at an average discount rate of less than 3%, while investors benefit from a rental market offering 5% yield off a rent rate of $495 per week.
The suburb is home to Kuluin State School. Shopping hubs are just minutes away in the Maroochydore CBD, which is home to Sunshine Plaza and to a major bus interchange in the Sunshine Coast region. Sports facilities and parks are close by as well.Close