Property investors have seen a 5.07% gain in KOOLEWONG based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KOOLEWONG, 2256 saw average growth in the long term.
The NSW 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 $860,000
Profits averaged 21.79% per annum over a 3-year period, due to an upward trend in home prices in KOOLEWONG, 2256.
This means, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.
The gross rental yield in KOOLEWONG, 2256 is 3.27%.
An average of 1.42 real estate transactions take place per month in KOOLEWONG which translates to 17 per annum.
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