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Property investors have seen a 0.7% 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 $720,000
Profits averaged -2.06% 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 $432.5 based on current median home prices for the suburb.
The gross rental yield in KINGS PARK, 2148 is 3.12%.
An average of 4.08 real estate transactions take place per month in KINGS PARK which translates to 49 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $720,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.7% | N/A |
| Median 12 month | 0.7% | N/A |
| Median 3 years | -6.19% | N/A |
| Median 5 years | 14.01% | N/A |
| 10 years average annual | 6.24% | N/A |
| Weekly media advert. rent | $432.5 | N/A |
| Time on Market | 34.1 days | N/A |
| Gross Rental Yield Percent | 3.12% | N/A |
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