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 Price | $818,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| 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 |
There is a threshold for the land value...
Hi Ho Ping
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