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Kandos
AREA REPORTS

Kandos

Kandos - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2848

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Based on its average 5-year and quarterly capital gains KANDOS, 2848 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that KANDOS, 2848 obtained a 8.39% growth over a ten-year period. It ranks 383rd on our list of suburbs that property investors should look into.

KANDOS, 2848 in NSW belongs to the local government area of Mid-Western Regional (A).

KANDOS, 2848 has a capital gain of 45.5% for the past year, which is higher than average compared to its 103.7% growth within a five-year period.

With the median home price in KANDOS sitting at $275,000, and the average rent at $260, property owners could potentially earn a 4.92% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in KANDOS are low, as opposed to average gains per annum over the past five years.

A 45.5% increase in median property prices in KANDOS, 2848 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 47th.

Data report can be found below

Kandos
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $275,000 N/A
GROWTH REPORT
Median Quarterly 4.76% N/A
Median 12 month 45.5% N/A
Median 3 years 44.74% N/A
Median 5 years 103.7% N/A
10 years average annual 8.39% N/A
Weekly media advert. rent $260 N/A
Time on Market 74.9 days N/A
Gross Rental Yield Percent 4.92% N/A
demographics (median values)*
Total Population
1645
Weekly Household Income
708
Household Size
2.10
Age
50
Monthly Loan Repayment
867
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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