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Based on its average 5-year and quarterly capital gains KINGSCOTE, 5223 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that KINGSCOTE, 5223 obtained a 0.92% growth over a ten-year period. It ranks 3818th on our list of suburbs that property investors should look into.
KINGSCOTE, 5223 in SA belongs to the local government area of Kangaroo Island (DC).
KINGSCOTE, 5223 has a capital gain of 21.28% for the past year, which is higher than average compared to its 14% growth within a five-year period.
With the median home price in KINGSCOTE sitting at $285,000, and the average rent at $250, property owners could potentially earn a 4.56% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KINGSCOTE are high, as opposed to average gains per annum over the past five years.
A 21.28% increase in median property prices in KINGSCOTE, 5223 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 24th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||21.28%||N/A|
|Median 3 years||17.53%||N/A|
|Median 5 years||14%||N/A|
|10 years average annual||0.92%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||112.8 days||N/A|
|Gross Rental Yield Percent||4.56%||N/A|