Korora

Based on its average 5-year and quarterly capital gains KORORA, 2450 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 the NSW suburb obtained a 9.72% growth over a ten-year period. It ranks 19th on our list of suburbs that property investors should look into.

KORORA, 2450 in NSW belongs to the local government area of Coffs Harbour (C).

KORORA, 2450 has a capital gain of 42.77% for the past year, which is higher than average compared to its 59.03% growth within a five-year period.

With the median home price in KORORA sitting at $572,500, and the average rent at $475, property owners could potentially earn a 4.31% increase in gross rental yield.

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

A 42.77% increase in median property prices in KORORA, 2450 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 17th.