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Kincumber
AREA REPORTS

Kincumber

Kincumber - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2251

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,070,000.

The upward trend in home prices in KINCUMBER, 2251 averaged 17.24% per annum over a 3-year period.

Average weekly rents on listings have reached the $632.5 mark, reflecting a 3.07% increase in returns based on the current median price in KINCUMBER.

An average of 10.08 real estate transactions take place per month in KINCUMBER which translates to 121 per annum.

121 properties were sold in KINCUMBER in 2016, making it the 1372nd most active market in NSW based on total real estate transactions.

KINCUMBER, 2251 places 545th in Australia based on median property value growth during the quarter.

Data report can be found below

Kincumber
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,070,000 $551,944
GROWTH REPORT
Median Quarterly 7% 0%
Median 12 month 45.86% 11.5%
Median 3 years 51.72% 3.17%
Median 5 years 71.2% 26.16%
10 years average annual 11.67% 9.62%
Weekly media advert. rent $632.5 $425
Time on Market 26.6 days 45.5 days
Gross Rental Yield Percent 3.07% 4%
demographics (median values)*
Total Population
32702
Weekly Household Income
1397
Household Size
2.60
Age
44
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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