NSW has seen average median house prices change by 11.67% which means that Katoomba, 2780 has done well for property investors by showing a capital gain of 23.46% over the last year
If we look at median property appreciation over just the last three months, Katoomba has given property investors a paper return of 2.56%. This puts Suburb as 604 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Katoomba are currently offering property investors an average price cut of -4.89% below the asking price at the moment.
Katoomba is 505th on a list of best yielding suburbs for rents in NSW with a 3.64% return
Katoomba has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.72% to date .
Across a shorter period, Katoomba, 2780 has seen a median price increase of 2.50% over the last quarter.
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 Katoomba, 2780. Typically our figures indicate that -0.89% is being offered, which puts this NSW suburb at 375th most discounted overall in Australia.
Residents and property investors in Katoomba have been waiting around 51.2 days to sell a property.
Katoomba, 2780’s gross rental yield is 4.50%