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Property investors have seen a 3.82% 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 $755,777
Profits averaged -1.34% per annum over a 3-year period, due to an downward trend in home prices in KINGS PARK, 2148.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in KINGS PARK, 2148 is 3.1%.
An average of 3.83 real estate transactions take place per month in KINGS PARK which translates to 46 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.2%||N/A|
|Median 3 years||-4.03%||N/A|
|Median 5 years||10.33%||N/A|
|10 years average annual||6.47%||3.74%|
|Weekly media advert. rent||$450||$380|
|Time on Market||20.9 days||0.0 days|
|Gross Rental Yield Percent||3.1%||3.29%|