Stability paving the way for property market gains
The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...
Based on its average 5-year and quarterly capital gains KILABEN BAY, 2283 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that KILABEN BAY, 2283 obtained a 7.36% growth over a ten-year period. It ranks 853rd on our list of suburbs that property investors should look into.
KILABEN BAY, 2283 in NSW belongs to the local government area of Lake Macquarie (C).
KILABEN BAY, 2283 has a capital gain of 15.42% for the past year, which is higher than average compared to its 49.89% growth within a five-year period.
With the median home price in KILABEN BAY sitting at $692,500, and the average rent at $390, property owners could potentially earn a 2.93% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KILABEN BAY are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $692,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.15% | N/A |
| Median 12 month | 15.42% | N/A |
| Median 3 years | 20.12% | N/A |
| Median 5 years | 49.89% | N/A |
| 10 years average annual | 7.36% | N/A |
| Weekly media advert. rent | $390 | N/A |
| Time on Market | 73.7 days | N/A |
| Gross Rental Yield Percent | 2.93% | N/A |
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