Kurri Kurri

POSTAL CODE: NSW, 2327

HOUSE

UNIT

Property investors have seen a 1.56% gain in KURRI KURRI based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains KURRI KURRI, 2327 saw average growth in the long term.

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $650,000

Profits averaged 3% per annum over a 3-year period, due to an upward trend in home prices in KURRI KURRI, 2327.

This means, real estate investors could earn a rental income of $522.5 based on current median home prices for the suburb.

The gross rental yield in KURRI KURRI, 2327 is 4.18%.

An average of 11.33 real estate transactions take place per month in KURRI KURRI which translates to 136 per annum.

Property investments in KURRI KURRI fare well against the rest of the country last year, registering a median home price increase of 7.53%.

Figures from the previous quarter show that capital gains for real estate buyers in KURRI KURRI are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains KURRI KURRI, 2327 saw average growth in the long term.

This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In KURRI KURRI, homes and units usually stay on listing for an average of 31.3 days.

the NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $478,500

Investors saw the median home price rise to $478,500.

KURRI KURRI ranks 114th on the list of best yielding suburbs for rental properties in NSW, posting a 5% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$650,000	$478,500
Growth Report
Median Quarterly	1.56%	1.38%
Median 12 month	8.33%	7.53%
Median 3 years	9.61%	12.59%
Median 5 years	66.13%	65%
10 years average annual	9.01%	6.51%
Weekly media advert. rent	$523	$460
Time on Market	25.7 days	31.3 days
Gross Rental Yield Percent	4.18%	5%

Demographics (Median Values)*

Total Population n.a.

Weekly Household Income n.a.

Household Size n.a.

Average Age n.a.

Monthly Loan Repayment n.a.

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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