Kurri Kurri has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.19% to date .
A 29.63% growth in median value for property investors in Kurri Kurri,2327 puts this suburb at number 1175th in terms of best performing suburbs in NSW
Kurri Kurri2327 is located in NSW which offers an average discount of -6.70% to property investors. Kurri Kurri itself is showing figures that indicate -6.39% is the average achievable by property buyers investing in the suburb.
Investment property in Kurri Kurri 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 2.54%
Comparing Kurri Kurri,2327 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 344th of NSW’s most discounted properties, Kurri Kurri is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Kurri Kurri the average time real estate has been on the market is 57.7692 days.
Kurri Kurri, 2327’s gross rental yield is 4.94%
Information supplied by:
Kurri Kurri, NSW – Artist town attracts more than just visitors
Median unit price: $288,250
Three-year growth: 10.9%
Rental yield: 5.3%
Known for being the biggest mural town in mainland Australia, Kurri Kurri is an artist’s suburb, with more than 60 pieces of artwork in public space, commemorating the area’s rich history and culture. These magnificent sights help make Kurri Kurri very popular with visitors, and have contributed to its steady trend of positive growth.
Aside from the art, the suburb’s country pubs bring a casual, fun vibe to the area. Kurri Kurri also celebrates its mining roots at the Richmond Vale Railway Museum, which displays a historic mining site and offers steam train rides. The nearby Heddon Greta drive-in adds a touch of nostalgia as movies can be enjoyed in the great outdoors.