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AREA REPORTS

Kingsbury

Kingsbury - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3083

house
unit

Property investors have seen a 2.22% gain in KINGSBURY based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on KINGSBURY, 3083 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 12.93%.

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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $736,000

Profits averaged 0.8% 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 $370 based on current median home prices for the suburb.

The gross rental yield in KINGSBURY, 3083 is 2.61%.

An average of 1.92 real estate transactions take place per month in KINGSBURY which translates to 23 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $736,000 $548,000
GROWTH REPORT
Median Quarterly 2.22% 0.55%
Median 12 month 12.93% 0.09%
Median 3 years 2.4% 30.48%
Median 5 years 33.82% 39.8%
10 years average annual 4.2% 1.97%
Weekly media advert. rent $370 $350
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 2.61% 3.32%
demographics (median values)
Total Population
3125
Weekly Household Income
802.9
Household Size
2.60
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