AREA REPORTS

Kincumber

Suburb Profile

Kincumber - FREE 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 $750,000.

The upward trend in home prices in KINCUMBER, 2251 averaged 13.84% per annum over a 3-year period.

Average weekly rents on listings have reached the $502.5 mark, reflecting a 3.48% increase in returns based on the current median price in KINCUMBER.

An average of 8.67 real estate transactions take place per month in KINCUMBER which translates to 104 per annum.

104 properties were sold in KINCUMBER in 2016, making it the 1423rd most active market in NSW based on total real estate transactions.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $750,000 $492,500
GROWTH REPORT
Median Quarterly 0% 2.6%
Median 12 month 15.21% 3.14%
Median 3 years 41.51% 32.21%
Median 5 years 87.5% 72.81%
10 years average annual 7.52% 4.04%
Weekly media advert. rent $502.5 $390
Time on Market 33.1 days 47.3 days
Gross Rental Yield Percent 3.48% 4.12%
demographics (median values)
Total Population
7142
Weekly Household Income
697.5
Household Size
2.40
demographics
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