BENDIGO 
1 MIN READMenangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Read More
KatoombaKatoomba - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 1.12% gain in KATOOMBA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KATOOMBA, 2780 saw average growth in the long term.
The NSW 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 $632,000
Profits averaged 0.78% per annum over a 3-year period, due to an upward trend in home prices in KATOOMBA, 2780.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in KATOOMBA, 2780 is 3.7%.
An average of 16.08 real estate transactions take place per month in KATOOMBA which translates to 193 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $632,000 | $425,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.12% | 0.59% |
| Median 12 month | 7.12% | 3.91% |
| Median 3 years | 2.35% | 0.59% |
| Median 5 years | 31.46% | 26.87% |
| 10 years average annual | 6.96% | 5.61% |
| Weekly media advert. rent | $450 | $360 |
| Time on Market | 56.7 days | 52.1 days |
| Gross Rental Yield Percent | 3.7% | 4.4% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
