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Property investors have seen a -0.32% drop in KINGS PARK based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KINGS PARK, 2148 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $785,000
Profits averaged 7.55% per annum over a 3-year period, due to an upward trend in home prices in KINGS PARK, 2148.
This means, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
The gross rental yield in KINGS PARK, 2148 is 3.18%.
An average of 3.42 real estate transactions take place per month in KINGS PARK which translates to 41 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $785,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.32% | N/A |
| Median 12 month | 1.29% | N/A |
| Median 3 years | 22.66% | N/A |
| Median 5 years | 76.4% | N/A |
| 10 years average annual | 8.14% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 65.2 days | N/A |
| Gross Rental Yield Percent | 3.18% | N/A |
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