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 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%|