$3m-plus suburbs double during the pandemic as allure of luxury property grows
With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxu...
Based on its average 5-year and quarterly capital gains KYOGLE, 2474 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 KYOGLE, 2474 obtained a 1.73% growth over a ten-year period. It ranks 3270th on our list of suburbs that property investors should look into.
KYOGLE, 2474 in NSW belongs to the local government area of Kyogle (A).
KYOGLE, 2474 has a capital gain of 3.22% for the past year, which is lower than average compared to its 26.88% growth within a five-year period.
With the median home price in KYOGLE sitting at $304,500, and the average rent at $330, property owners could potentially earn a 5.64% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KYOGLE are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $304,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.1% | N/A |
| Median 12 month | 3.22% | N/A |
| Median 3 years | 9.93% | N/A |
| Median 5 years | 26.88% | N/A |
| 10 years average annual | 1.73% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 98.4 days | N/A |
| Gross Rental Yield Percent | 5.64% | N/A |
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