A steady increase in median property prices over a five-year period in the suburb translates to a 47.67% capital gain.
Property investors in KANAHOOKA enjoyed capital gains of 7.63% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also 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 $635,000.
Profits due to an upward trend in home prices there averaged 15.89% per annum over a 3-year period.
Home owners selling their properties and realtors in KANAHOOKA usually have to wait an average of 41.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $480 mark, reflecting a 3.93% increase in returns based on the current median price in KANAHOOKA.
KANAHOOKA, 2530 places 600th in Australia based on median property value growth during the quarter.
Property investors in KANAHOOKA enjoyed capital gains of 7.86% over the last 12 months translating to lower returns compared with its peers in the territory.
KANAHOOKA posted a 39.81% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
Real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $480 mark, reflecting a 4.41% increase in returns based on the current median price in KANAHOOKA.
KANAHOOKA, 2530 ranks 176th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
KANAHOOKA ranks 159th on the list of best yielding suburbs for rental properties in NSW, posting a 4.41% return.
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