If you compare the increase in value of investment property in Kogarah, 2217 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.46%.
If we look at median property appreciation over just the last three months, Kogarah has given property investors a paper return of -1.51%. This puts Suburb as 1074 on a list of fastest fasting appreciating suburbs in NSW
At number 1225th of NSW’s most discounted properties, Kogarah is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Kogarah is 1069th on a list of best yielding suburbs for rents in NSW with a 2.30% return
Over the last year, property investments in Kogarah, 2217 have given investors a capital gain of 8.28%. This compares favourably with the 5.36% for NSW as a whole.
While Kogarah,2217 ranked number 442th in NSW for increase in median house value (annualised) increase, it is ranked 353th over the last 5 years.
Property investors looking for a bargain in Kogarah should be aiming for at least -3.55% off the asking price, which is the average vendor discount being achieved at the moment.
Kogarah is 354th on a list of best yielding suburbs for rents in NSW with a 3.75% return