Property investors enjoyed capital gains of 4.17% over the last 12 months in KAHIBAH, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in KAHIBAH are low, as opposed to average gains per annum over the past five years.
The suburb posted a 18.48% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $695 based on current median home prices for the suburb.
On average, rents on listings have reached the $695 mark, reflecting a 2.89% increase in returns based on the current median price in KAHIBAH.
KAHIBAH, 2290 ranks 835th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 738th on the list of best yielding suburbs for rental properties in NSW, posting a 2.89% return.
Property investors have seen a -1.42% drop in KAHIBAH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KAHIBAH, 2290 saw average growth in the long term.
KAHIBAH, 2290 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 $867,500.
Profits due to an upward trend in home prices in KAHIBAH, 2290 averaged 0.29% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $695 based on current median home prices for the suburb.
The gross rental yield in KAHIBAH, 2290 is 4.17%.
An average of 1.5 real estate transactions take place per month in KAHIBAH which translates to 18 per annum.