If you compare the increase in value of investment property in Kingsford, 2032 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.44%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingsford has increased when compared to the 5 year average annual rate.
Kingsford, 2032 is offering NSW ‘s 1218th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
Using the current median advertised rental of $780 and the average annual increase in value of a median property of 8.77%, investors should hope to achieve an overall return of 2.05%
Property investors who have had real estate in Kingsford, 2032 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.36%
Comparing Kingsford,2032 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Kingsford is $785000, with sellers offering an average of -3.78% off the asking price.
A $555.5 per week rent on the median house gives suburb investors a gross yield of circa 3.68%, without taking into account capital value appreciation, which has been averaging out at 6.99%.