Advantages of a buyer’s agent in a challenging market
As the property market continues to show strong growth due to undersupply, low credit and a strong case of FOMO, it is becoming tougher for ...
Real estate investors could earn a rental income of $617.5 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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,080,000.
KINGSTON ranks 85th on the list of best yielding suburbs for rental properties in ACT, posting a 3.06% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,080,000 | $535,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 6.05% |
| Median 12 month | N/A | -0.28% |
| Median 3 years | N/A | 9.18% |
| Median 5 years | N/A | 5.96% |
| 10 years average annual | N/A | 2.37% |
| Weekly media advert. rent | $617.5 | $540 |
| Time on Market | 0.0 days | 84.1 days |
| Gross Rental Yield Percent | 3.06% | 5.2% |
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