Kilaben Bay is in the bottom 10% in NSW when comparing median price capital growth over the last year. Kilaben Bay gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.91%.
Over the longer term, Kilaben Bay has seen property prices show investors a 36.67% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Kilaben Bay is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 31th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 5.56%, investors should hope to achieve an overall return of 3.26%