Over the last year, property investments in Kuluin, 4558 have given investors a capital gain of 7.41%. This compares favourably with the 2.21% for QLD as a whole.
While Kuluin,4558 ranked number 504th in QLD for increase in median house value (annualised) increase, it is ranked 51th over the last 5 years.
Property investors looking for a bargain in Kuluin should be aiming for at least -3.77% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $480 mark per week – giving a return of 4.95% based on the median price in Suburb
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