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Kingston BeachKingston Beach - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains KINGSTON BEACH, 7050 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 KINGSTON BEACH, 7050 obtained a 9.88% growth over a ten-year period. It ranks 29th on our list of suburbs that property investors should look into.
KINGSTON BEACH, 7050 in TAS belongs to the local government area of Kingborough (M).
KINGSTON BEACH, 7050 has a capital gain of 14.2% for the past year, which is lower than average compared to its 94.74% growth within a five-year period.
With the median home price in KINGSTON BEACH sitting at $925,000, and the average rent at $565, property owners could potentially earn a 3.18% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KINGSTON BEACH are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $925,000 | $700,000 |
| GROWTH REPORT | ||
| Median Quarterly | 11.45% | N/A |
| Median 12 month | 14.2% | N/A |
| Median 3 years | 22.68% | 46.6% |
| Median 5 years | 94.74% | 84.21% |
| 10 years average annual | 9.88% | 5.88% |
| Weekly media advert. rent | $565 | $430 |
| Time on Market | 26.5 days | 0.0 days |
| Gross Rental Yield Percent | 3.18% | 3.19% |
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