If you compare the increase in value of investment property in West Kempsey, 2440 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.76%.
Over the longer term, West Kempsey has seen property prices show investors a 26.09% 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 West Kempsey is offering property investors an average of -6.70. This rate of discount on properties puts Suburb at number 532th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 8.42 sales per month, which equates to 101 per year.
Advertised rents are around the $340 mark per week – giving a return of 6.10% based on the median price in Suburb