Investment property in Kotara has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.89%
Kotara,2289 has offered an average of 12.89% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Kotara should be aiming for at least -4.34% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 7.50 sales per month, which equates to 90 per year.
The NSW suburb of Kotara, 2289 is in the Newcastle local government area.
If we look at median property appreciation over just the last three months, Kotara has given property investors a paper return of 1.23%. This puts Suburb as 257 on a list of fastest fasting appreciating suburbs in NSW