Property investors who have had real estate in Koonawarra, 2530 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.13%
While Koonawarra,2530 ranked number 1120th in NSW for increase in median house value (annualised) increase, it is ranked 101th over the last 5 years.
Our latest figures would indicate that property sellers in Koonawarra are currently offering property investors an average price cut of -8.13% below the asking price at the moment.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 6.81%, investors should hope to achieve an overall return of 4.66%
The NSW suburb of Koonawarra, 2530 is in the Wollongong (C) local government area.