Giving property investors a a stable capital gain of 8.11% for the last year, Kingsgrove, 2208 is the 1537th highest performer in Australia in this respect.
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.
Property investors looking for a bargain in Kingsgrove should be aiming for at least -6.09% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2216 in a list of fastest selling suburbs, Kingsgrove is just in the bottom half of suburbs in Australia with an average of days on market 87.78 for properties listed there.
Comparing Kingsgrove,2208 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Kingsgrove is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 108th in terms of most discounted suburbs in NSW
Property investors should expect to get $500 weekly from the median priced house in this suburb.