Homeowners and real estate investors betting on KOOLEWONG, 2256 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 16.51%.
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 $818,500
Profits averaged 24.11% 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 $550 based on current median home prices for the suburb.
The gross rental yield in KOOLEWONG, 2256 is 3.49%.
An average of 1.33 real estate transactions take place per month in KOOLEWONG which translates to 16 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.51%||N/A|
|Median 3 years||72.32%||N/A|
|Median 5 years||81.89%||N/A|
|10 years average annual||8.16%||N/A|
|Weekly media advert. rent||$550||N/A|
|Time on Market||60.5 days||N/A|
|Gross Rental Yield Percent||3.49%||N/A|