Kariong is an average performer in NSW when comparing median price capital growth over the last year. Kariong gave property investors a average capital gain figure when compared to the rest of the state, with 8.76%.
If we look at median property appreciation over just the last three months, Kariong has given property investors a paper return of 1.01%. This puts Suburb as 721 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Kariong is $680000, with sellers offering an average of -3.43% off the asking price.
If you compare the increase in value of investment property in Kariong, 2250 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 23.54%.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 8.76%, investors should hope to achieve an overall return of 4.21%