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Kurri Kurri
AREA REPORTS

Kurri Kurri

Kurri Kurri - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2327

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Property investors have seen a 4.29% gain in KURRI KURRI based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on KURRI KURRI, 2327 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 21.43%.

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 $425,000

Profits averaged 7.32% 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 $380 based on current median home prices for the suburb.

The gross rental yield in KURRI KURRI, 2327 is 4.65%.

An average of 10.75 real estate transactions take place per month in KURRI KURRI which translates to 129 per annum.

Data report can be found below

Kurri Kurri
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $425,000 $317,500
GROWTH REPORT
Median Quarterly 4.29% 9.48%
Median 12 month 21.43% -0.39%
Median 3 years 21.95% 12.39%
Median 5 years 45.55% 22.12%
10 years average annual 6.09% 4.18%
Weekly media advert. rent $380 $300
Time on Market 52.9 days 73.3 days
Gross Rental Yield Percent 4.65% 4.91%
demographics (median values)*
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* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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