Kariong has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.38% to date .
Comparing Kariong,2250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Kariong is offering property investors an average of -5.57. This rate of discount on properties puts Suburb at number 995th in terms of most discounted suburbs in NSW
Situated 48.28km from the CBD, Kariong is one of Gosford localities in the postcode 2250.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
Advertised rents are around the $420 mark per week – giving a return of 4.26% based on the median price in Suburb