The post-budget guide to commercial property investing

Kent Town

POSTAL CODE: SA, 5067
UNIT

Property investors enjoyed capital gains of 10.51% over the last 12 months in KENT TOWN, translating to higher returns compared with its peers in SA.

A survey of average capital gains or median home price increase in suburbs across the country shows that KENT TOWN, 5067 obtained a 6.72% growth over a ten-year period. It ranks 613th on our list of suburbs that property investors should look into.

KENT TOWN, 5067 has a capital gain of 10.51% for the past year, which is lower than average compared to its 53.33% growth within a five-year period.

With the median home price in KENT TOWN sitting at $920,000, and the average rent at $650, property owners could potentially earn a 3.67% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in KENT TOWN are low, as opposed to average gains per annum over the past five years.

KENT TOWN, 5067 in SA belongs to the local government area of Norwood Payneham and St Peters.

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