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Kingston
AREA REPORTS

Kingston

Kingston - SUBURB PROFILE REPORT
POSTAL CODE: ACT, 2604

house
unit

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.

Data report can be found below

Kingston
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%
demographics (median values)*
Total Population
10383
Weekly Household Income
2220
Household Size
2.10
Age
36
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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