The post-budget guide to commercial property investing

Kurrajong

POSTAL CODE: NSW, 2758
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average decrease in the long term.

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 $1,240,000.

The downward trend in home prices in KURRAJONG, 2758 averaged -2.72% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 2.73% increase in returns based on the current median price in KURRAJONG.

An average of 3.17 real estate transactions take place per month in KURRAJONG which translates to 38 per annum.

38 properties were sold in KURRAJONG in 2016, making it the 545th most active market in NSW based on total real estate transactions.

KURRAJONG, 2758 places 483rd in Australia based on median property value growth during the quarter.

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