Melbourne, Perth Drive Weekly Auction Activity
Capital city auction activity is expected to rise over this weekend, with an increase in volumes on the back of strong a...
Based on its average 5-year and quarterly capital gains KINGSTON, 2604 saw average growth in the long term.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an upward trend in home prices in KINGSTON, 2604 averaged 3.63% per annum over a 3-year period.
Average weekly rents on listings have reached the $540 mark, reflecting a 4.8% increase in returns based on the current median price in KINGSTON.
An average of 20.58 real estate transactions take place per month in KINGSTON which translates to 247 per annum.
247 properties were sold in KINGSTON during the past year, making it the 27th most active market in ACT based on total real estate transactions.
KINGSTON, 2604 places 16th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||5.72%|
|Median 3 years||N/A||10.9%|
|Median 5 years||N/A||12.5%|
|10 years average annual||N/A||1.18%|
|Weekly media advert. rent||N/A||$540|
|Time on Market||N/A||84.3 days|
|Gross Rental Yield Percent||N/A||4.8%|