Property investors who have had real estate in Kingscliff, 2487 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 14.40%
While Kingscliff,2487 ranked number 414th in NSW for increase in median house value (annualised) increase, it is ranked 81th over the last 5 years.
Kingscliff2487 is located in NSW which offers an average discount of -7.19% to property investors. Kingscliff itself is showing figures that indicate -7.29% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $680 weekly from the median priced house in this suburb.
Investment property in Kingscliff has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.59%
Kingscliff,2487 has offered an average of -4.59% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kingscliff, 2487. Typically our figures indicate that -6.18% is being offered, which puts this NSW suburb at 570th most discounted overall in Australia.
Using the current median advertised rental of $490 and the average annual increase in value of a median property of 4.13%, investors should hope to achieve an overall return of 4.72%