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KingstonKingston - SUBURB PROFILE REPORT
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Property investments in KINGSTON fare well against the rest of the country last year, registering a median home price increase of -44.89%.
Real estate investors could earn a rental income of $590 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 $625,000.
KINGSTON ranks 3rd on the list of best yielding suburbs for rental properties in ACT, posting a 4.91% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $625,000 | $620,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 3.85% |
| Median 12 month | -44.89% | 13.09% |
| Median 3 years | 21.36% | 20.39% |
| Median 5 years | N/A | 25.89% |
| 10 years average annual | 5.59% | 1.71% |
| Weekly media advert. rent | $590 | $550 |
| Time on Market | 0.0 days | 70.2 days |
| Gross Rental Yield Percent | 4.91% | 4.61% |
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