VIC/
Kingsbury

Suburb Profile

Kingsbury - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3083

house
unit

Property investors have seen a 1.8% gain in KINGSBURY based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains KINGSBURY, 3083 saw average growth in the long term.

the VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $621,500

Profits averaged 10.98% per annum over a 3-year period, due to an upward trend in home prices in KINGSBURY, 3083.

This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.

The gross rental yield in KINGSBURY, 3083 is 3.01%.

An average of 3.75 real estate transactions take place per month in KINGSBURY which translates to 45 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $621,500 $395,000
GROWTH REPORT
Median Quarterly 1.8% 3.95%
Median 12 month 5.34% 3.67%
Median 3 years 32.94% 1.94%
Median 5 years 41.25% 0.36%
10 years average annual 7.55% 4.87%
Weekly media advert. rent $360 $340
Time on Market 68.0 days 61.5 days
Gross Rental Yield Percent 3.01% 4.48%
demographics (median values)
Total Population
3125
Weekly Household Income
802.9
Household Size
2.60
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