Over the last year, property investments in Kandos, 2848 have given investors a capital gain of 17.57%. This compares very favourably with the 7.77% for NSW as a whole.
Comparing Kandos,2848 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Kandos2848 is located in NSW which offers an average discount of -4.30% to property investors. Kandos itself is showing figures that indicate -6.48% is the average achievable by property buyers investing in the suburb.
At number 3178 in a list of fastest selling suburbs, Kandos is in the bottom 20% of suburbs in Australia with an average of days on market 112.138 for properties listed there.
Renters in Suburb are facing rents around $13520 per annum or $260 every week.
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Kandos, NSW – Coated with artistic flair
Median house price: $184,000
Three-year growth: 36.3%
Rental yield: 7.3%
Tucked in the Central Tablelands, Kandos is a town that is located 65km from the wine-growing region of Mudgee. It once acted as a primary supplier of cement but it has gradually transformed into a thriving artistic hub.
Most shopping amenities and medical facilities can be accessed locally, with further options available in the nearby suburb of Rylstone, where there is a hospital in easy reach also.
There is a local school, and the many outdoors activities – ranging from fishing, kayaking and venturing on walking trails – make it a popular destination for families. The fairs that take place throughout the year also speak for the suburb’s anchorage in culture and a strong community spirit.