Q&A: Babak Haeri, The Investors Agency
In this exclusive Q&A, Smart Property Investment speaks to founder of The Investors Agency, Babak Haeri. ...
Property investments in KINGSTON fare well against the rest of the country last year, registering a median home price increase of 57.5%.
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 $682.5 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 143.7 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 $1,134,000.
KINGSTON ranks 85th on the list of best yielding suburbs for rental properties in ACT, posting a 3.13% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,134,000 | $555,000 |
| GROWTH REPORT | ||
| Median Quarterly | 14.2% | -1.25% |
| Median 12 month | 57.5% | 13.03% |
| Median 3 years | -20.7% | 14.43% |
| Median 5 years | N/A | 3.76% |
| 10 years average annual | 3.2% | 2.41% |
| Weekly media advert. rent | $682.5 | $530 |
| Time on Market | 143.7 days | 78.7 days |
| Gross Rental Yield Percent | 3.13% | 4.97% |
In this exclusive Q&A, Smart Property Investment speaks to founder of The Investors Agency, Babak Haeri. ...
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