A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.67% growth over a ten-year period. It ranks 1477th on our list of suburbs that property investors should look into.
KORORA, 2450 has a capital gain of -4.55% for the past year, which is lower than average compared to its 50% growth within a five-year period.
With the median home price in KORORA sitting at $1,050,000, and the average rent at $650, property owners could potentially earn a 3.22% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KORORA are low, as opposed to average gains per annum over the past five years.
KORORA, 2450 in NSW belongs to the local government area of Coffs Harbour.