AREA REPORTS

Kingston

 

 

ACT/
Kingston

Suburb Profile

Kingston - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2604

house
unit

Property investments in KINGSTON fare well against the rest of the country last year, registering a median home price increase of 24.39%.

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

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 $620 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 0.0 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 $637,500.

KINGSTON ranks 5th on the list of best yielding suburbs for rental properties in ACT, posting a 5.06% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $637,500 $495,000
GROWTH REPORT
Median Quarterly 19.16% -5.53%
Median 12 month 24.39% -1%
Median 3 years N/A -9.07%
Median 5 years -44.1% -4.8%
10 years average annual 10.88% 1.86%
Weekly media advert. rent $620 $525
Time on Market 0.0 days 82.1 days
Gross Rental Yield Percent 5.06% 5.52%
demographics (median values)
Total Population
2453
Weekly Household Income
1824
Household Size
1.80
demographics
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