AREA REPORTS

Kingscliff

 

 

NSW/
Kingscliff

Suburb Profile

Kingscliff - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2487

house
unit

Homeowners and real estate investors betting on KINGSCLIFF, 2487 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.18%.

A steady increase in median property prices over a five-year period in the suburb translates to a 21.15% capital gain.

Property investors in KINGSCLIFF enjoyed capital gains of 11.18% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $945,000.

Profits due to an upward trend in home prices there averaged 7.05% per annum over a 3-year period.

Home owners selling their properties and realtors in KINGSCLIFF usually have to wait an average of 79.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $680 mark, reflecting a 3.74% increase in returns based on the current median price in KINGSCLIFF.

KINGSCLIFF, 2487 places 476th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $945,000 $535,000
GROWTH REPORT
Median Quarterly 0.27% 1.42%
Median 12 month 11.18% 7.97%
Median 3 years 21.15% 22.71%
Median 5 years 61.13% 45.38%
10 years average annual 3.43% 2.4%
Weekly media advert. rent $680 $450
Time on Market 79.6 days 69.8 days
Gross Rental Yield Percent 3.74% 4.37%
demographics (median values)
Total Population
6015
Weekly Household Income
724.5
Household Size
2.30
demographics
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