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Kingscliff
AREA REPORTS

Kingscliff

Kingscliff - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2487

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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 35.56%.

A steady increase in median property prices over a five-year period in the suburb translates to a 75.51% capital gain.

Property investors in KINGSCLIFF enjoyed capital gains of 35.56% 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 $1,620,000.

Profits due to an upward trend in home prices there averaged 25.17% per annum over a 3-year period.

Home owners selling their properties and realtors in KINGSCLIFF usually have to wait an average of 48.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $795 mark, reflecting a 2.55% increase in returns based on the current median price in KINGSCLIFF.

KINGSCLIFF, 2487 places 71st in Australia based on median property value growth during the quarter.

Data report can be found below

Kingscliff
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,620,000 $762,500
GROWTH REPORT
Median Quarterly 20% 5.17%
Median 12 month 35.56% 10.51%
Median 3 years 75.51% 38.51%
Median 5 years 89.47% 75.29%
10 years average annual 11.05% 8.68%
Weekly media advert. rent $795 $620
Time on Market 48.5 days 55.3 days
Gross Rental Yield Percent 2.55% 4.23%
demographics (median values)*
Total Population
13436
Weekly Household Income
1224
Household Size
2.40
Age
45
Monthly Loan Repayment
2100
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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