AREA REPORTS

Kingsville

 

 

VIC/
Kingsville

Suburb Profile

Kingsville - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3012

house
unit

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

This number can mean, real estate investors could earn a rental income of $520 based on current median home prices for the suburb.

On average, rents on listings have reached the $520 mark, reflecting a 2.77% increase in returns based on the current median price in KINGSVILLE.

KINGSVILLE, 3012 ranks 539th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 466th on the list of best yielding suburbs for rental properties in VIC, posting a 2.77% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $975,000 $450,000
GROWTH REPORT
Median Quarterly -1.02% 2.27%
Median 12 month -4.18% 29.68%
Median 3 years 25.4% 5.56%
Median 5 years 52.34% 21.62%
10 years average annual 8.24% 5.9%
Weekly media advert. rent $520 $320
Time on Market 56.9 days 59.2 days
Gross Rental Yield Percent 2.77% 3.7%
demographics (median values)
Total Population
3350
Weekly Household Income
1020
Household Size
2.10
demographics
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