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Kings ParkKings Park - SUBURB PROFILE REPORT
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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 Price | $755,777 | $600,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.82% | -3.03% |
| 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% |
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