Property value increases in Korora have tracked close to the NSW average of 0.15% over the last 12 months.
Korora,2450 has offered an average of 0.37% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Korora is offering property investors an average of -6.70. This rate of discount on properties puts Suburb at number 200th in terms of most discounted suburbs in NSW
At number 3430 in a list of fastest selling suburbs, Korora is in the bottom 10% of suburbs in Australia with an average of days on market 127.949 for properties listed there.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 4.75%, investors should hope to achieve an overall return of 3.99%
Property investors who have had real estate in Korora, 2450 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 34.83%
The five-year average increase in median property values for Korora,2450 has given property investors a potential capital gain of 40.41% across each of those five years.