Based on its average 5-year and quarterly capital gains PORT KEMBLA, 2505 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 PORT KEMBLA, 2505 obtained a 8.47% growth over a ten-year period. It ranks 359th on our list of suburbs that property investors should look into.
PORT KEMBLA, 2505 in NSW belongs to the local government area of Wollongong.
PORT KEMBLA, 2505 has a capital gain of 13.67% for the past year, which is lower than average compared to its 75.47% growth within a five-year period.
With the median home price in PORT KEMBLA sitting at $653,620, and the average rent at $437.5, property owners could potentially earn a 3.48% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PORT KEMBLA are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on PORT KEMBLA, 2505 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.06%.
Property investors enjoyed capital gains of 10.06% over the last 12 months in PORT KEMBLA, translating to lower returns compared with its peers in NSW.
PORT KEMBLA, 2505 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $467,500.
Profits due to an upward trend in home prices in PORT KEMBLA, 2505 averaged 27.3% per annum over a 3-year period.
Home owners selling their properties and realtors in PORT KEMBLA usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $330 mark, reflecting a 3.67% increase in returns based on the current median price in PORT KEMBLA.
PORT KEMBLA, 2505 places 19th in Australia based on median property value growth during the quarter.