Property investors who have had real estate in Kotara, 2289 should be ok 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 -2.91%
The five-year average increase in median property values for Kotara,2289 has given property investors a potential capital gain of 35.59% across each of those five years.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.34% offered to property buyers. Sellers in Kotara itself are offering an average vendor discount of -7.07% to real estate investors.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 5.47%, investors should hope to achieve an overall return of 4.07%