KINGLAKE, 3763 ranks 366th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 19.8% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $455,250.
The upward trend in home prices in KINGLAKE, 3763 averaged 17.76% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in KINGLAKE.
An average of 1.67 real estate transactions take place per month in KINGLAKE which translates to 20 per annum.
20 properties were sold in KINGLAKE in 2016, making it the 455th most active market in VIC based on total real estate transactions.
KINGLAKE, 3763 places 590th in Australia based on median property value growth during the quarter.
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