With a capital gain of -1.49% for the last 12 months, Kingston, 2604 has performed for property investments than its average annual 2.64% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Kingston has given property investors a paper return of -5.70%. This puts Suburb as 55 on a list of fastest fasting appreciating suburbs in ACT
Our latest figures would indicate that property sellers in Kingston are currently offering property investors an average price cut of -4.10% below the asking price at the moment.
At number 1090 in a list of fastest selling suburbs, Kingston is in the bottom 30% of suburbs in Australia with an average of days on market 94.74 for properties listed there.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 2.64%, investors should hope to achieve an overall return of 4.62%