Port Kembla has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 21.39% to date .
Taking the average capital gain, or increase in median house value, Port Kembla,2505 has racked up an average of 21.39% over the period. This ranks it number 140th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Port Kembla is $630000, with sellers offering an average of -2.29% off the asking price.
With the median price for a house in Port Kembla being $630000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 3.55%
Port Kembla has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -26.46% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Port Kembla comes in at number 43th in NSW.
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 Port Kembla, 2505. Typically our figures indicate that -2.20% is being offered, which puts this NSW suburb at 1412th most discounted overall in Australia.
At number 30 in a list of fastest selling suburbs, Port Kembla is in the TOP 10% of suburbs in Australia with an average of days on market 25 for properties listed there.
The NSW suburb of Port Kembla, 2505 is in the Wollongong local government area.