Real estate investors could earn a rental income of $700 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 $942,500.
KINGSTON ranks 50th on the list of best yielding suburbs for rental properties in ACT, posting a 3.86% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||6.79%|
|Median 3 years||N/A||3.76%|
|Median 5 years||N/A||7.99%|
|10 years average annual||N/A||3.97%|
|Weekly media advert. rent||$700||$475|
|Time on Market||0.0 days||90.2 days|
|Gross Rental Yield Percent||3.86%||4.49%|