With the median price for a house in Kingston being $1130000 and the advertised rent reaching $700 the gross rental yield for property investors calculates out to be 3.22%
Giving property investors a an unimpressive capital gain of -0.94% for the last year, Kingston, 2604 is the 1187th highest performer in Australia in this respect.
The five-year average increase in median property values for Kingston,2604 has given property investors a potential capital gain of -1.69% across each of those five years.
Property buyers and investors in Kingston 2604 should be seeing an average reduction in asking price of around -4.30% . This means that Kingston is holding prices well when compared to other suburbs in ACT.
On average over the past year, suburb has had 24.58 sales per month, which equates to 295 per year.
Kingston, 2604’s gross rental yield is 4.66%