If you compare the increase in value of investment property in Korora, 2450 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.39%.
Across a shorter period, Korora, 2450 has seen a median price increase of 0.59% over the last quarter.
Korora, 2450 is offering NSW ‘s 395th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
In the last year 61 properties changed hands in Korora, which puts it as the 532th most active market in NSW when comparing the number of sales per suburb.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 4.14%, without taking into account capital value appreciation, which has been averaging out at 3.36%.
With a capital gain of 9.87% for the last 12 months, Korora, 2450 has performed for property investments than its average annual -0.90% property growth over the last 5 years.
Across a shorter period, Korora, 2450 has seen a median price increase of 8.22% over the last quarter.
Korora is 84th on a list of best yielding suburbs for rents in NSW with a 5.00% return