AREA REPORTS

Kingsville

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 6.08% over the last 12 months in KINGSVILLE, translating to lower returns compared with its peers in VIC.

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.

The suburb posted a 34.64% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $490 based on current median home prices for the suburb.

On average, rents on listings have reached the $490 mark, reflecting a 2.56% increase in returns based on the current median price in KINGSVILLE.

KINGSVILLE, 3012 ranks 431st in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 445th on the list of best yielding suburbs for rental properties in VIC, posting a 2.56% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $995,000 $418,500
GROWTH REPORT
Median Quarterly -1.24% 11.45%
Median 12 month 6.08% 18.89%
Median 3 years 34.64% 25.11%
Median 5 years 71.55% 31.4%
10 years average annual 8.14% 3.36%
Weekly media advert. rent $490 $340
Time on Market 50.7 days 47.5 days
Gross Rental Yield Percent 2.56% 4.22%
demographics (median values)
Total Population
3350
Weekly Household Income
1020
Household Size
2.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Sad face complaints

Financial complaints soar as new body opens doors

The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...

Mortgage broker

More than half of all loans go through a broker

With the knowledge that more than half of all loans go through a mortgage broker, what should property investors keep in mind? ...

Sydney Australia

The top 7 Sydney market predictions for 2019

Wondering how the Sydney market will move in 2019? These are the factors to watch, according to a leading real estate CEO. ...

Perth skyline

WA the most affordable state for the quarter

A real estate body in Western Australia is pleased with the results of a nation-wide report for the September quarter that show it to be the...

Question mark

Questions to ask yourself before seeking professional property advice

Fox and Hare’s Jessica Brady and Glen Hare share five questions that can help investors get the greatest value out of professional propert...

Mortgage property

Investors may soon be charged a fee for finding a mortgage

Recent comments made at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry by CBA Chief Exe...