Over the last year, property investments in Kings Point, 2539 have given investors a capital gain of 22.22%. This compares very favourably with the 7.15% for NSW as a whole.
While Kings Point,2539 ranked number 591th in NSW for increase in median house value (annualised) increase, it is ranked 556th over the last 5 years.
Property investors looking for a bargain in Kings Point should be aiming for at least -3.99% off the asking price, which is the average vendor discount being achieved at the moment.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 7.06%.