NSW has seen average median house prices change by 9.05% which means that Kingswood, 2747 has done well for property investors by showing a capital gain of 6.83% over the last year
The five-year average increase in median property values for Kingswood,2747 has given property investors a potential capital gain of 102.02% across each of those five years.
Property investors looking for a bargain in Kingswood should be aiming for at least -4.36% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 9.19%, investors should hope to achieve an overall return of 3.20%
Property value increases in Kingswood have tracked close to the NSW average of 6.22% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Kingswood comes in at number 107th in NSW.
LACK OF BUYER INTEREST may well be the reason that Kingswood is offering property investors an average of -4.26. This rate of discount on properties puts Suburb at number 190th in terms of most discounted suburbs in NSW
At number 150 in a list of fastest selling suburbs, Kingswood is in the TOP 20% of suburbs in Australia with an average of days on market 42 for properties listed there.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 7.24%, investors should hope to achieve an overall return of 4.06%