A steady increase in median property prices over a five-year period in the suburb translates to a 9.88% capital gain.
It 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 $445,000
The augmented property values in the suburb are trailing behind the territorial average of 6.63% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $380.
Home owners selling their properties and realtors in KELSO usually have to wait an average of 74.5 days days before their assets are lifted off the market.
The NSW suburb ranks 244th on the list of best yielding suburbs for rental properties in NSW, posting a 4.44% return.
It also places places 537th in Australia based on median property value growth during the quarter.
Property investors enjoyed capital gains of 17.06% over the last 12 months in KELSO, 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 KELSO, 2795 obtained a 31.57% growth over a ten-year period. It ranks 834th on our list of suburbs that property investors should look into.
KELSO, 2795 has a capital gain of 17.06% for the past year, which is higher than average compared to its 21.53% growth within a five-year period.
A 17.06% increase in median property prices in KELSO, 2795 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 63rd.
KELSO, 2795 in NSW belongs to the local government area of Bathurst Regional.