Property investors who have had real estate in Kingsgrove, 2208 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 7.92%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingsgrove has increased when compared to the 5 year average annual rate.
Kingsgrove, 2208 is offering NSW ‘s 530th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Often selling an investment property can take time, and in Kingsgrove the average time real estate has been on the market is 73.94 days.
With the median price for a house in Kingsgrove being $1295000 and the advertised rent reaching $627.5 the gross rental yield for property investors calculates out to be 2.52%
Property value increases in Kingsgrove have tracked close to the NSW average of 6.96% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Kingsgrove comes in at number 484th in NSW.
Kingsgrove, 2208 is offering NSW ‘s 4th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
Property investors should expect to get $430 weekly from the median priced house in this suburb.