Property investors have seen a 0.32% gain in KINGS PARK based on an increase 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 $790,000
Profits averaged 9.14% 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 $477.5 based on current median home prices for the suburb.
The gross rental yield in KINGS PARK, 2148 is 3.14%.
An average of 4.08 real estate transactions take place per month in KINGS PARK which translates to 49 per annum.
This means, real estate investors could earn a rental income of $412.5 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In KINGS PARK, homes and units usually stay on listing for an average of 0.0 days.
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 $675,000
Investors saw the median home price rise to $675,000.
KINGS PARK ranks 525th on the list of best yielding suburbs for rental properties in NSW, posting a 3.18% return.
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