Property investors who have had real estate in Kanwal, 2259 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.00%
The five-year average increase in median property values for Kanwal,2259 has given property investors a potential capital gain of 30.61% across each of those five years.
Property investors looking for a bargain in Kanwal should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 5.42 sales per month, which equates to 65 per year.
A $401.5 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 5.52%.