REDBANK PLAINS 
1 MIN READDemand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
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KingstonKingston - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains KINGSTON, 2604 saw average growth in the long term.
Real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 52.1 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $660,000.
KINGSTON ranks 4th on the list of best yielding suburbs for rental properties in ACT, posting a 4.73% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $660,000 | $655,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.72% | 3.97% |
| Median 12 month | N/A | 16.96% |
| Median 3 years | -5.71% | 32.32% |
| Median 5 years | N/A | 35.05% |
| 10 years average annual | 59.7% | 2.51% |
| Weekly media advert. rent | $600 | $560 |
| Time on Market | 52.1 days | 58.2 days |
| Gross Rental Yield Percent | 4.73% | 4.45% |
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