Property investors enjoyed capital gains of 35.38% over the last 12 months in KALARU, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 12.1% growth over a ten-year period. It ranks 3050th on our list of suburbs that property investors should look into.
KALARU, 2550 has a capital gain of 35.38% for the past year, which is higher than average compared to its 96.09% growth within a five-year period.
A 35.38% increase in median property prices in KALARU, 2550 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 18th.
Figures from the previous quarter show that capital gains for real estate buyers in KALARU are low, as opposed to average gains per annum over the past five years.
KALARU, 2550 in NSW belongs to the local government area of Bega Valley.