Property investors who have had real estate in Kingswood, 2747 should be relatively pleased 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 9.92%
Taking the average capital gain, or increase in median house value, Kingswood,2747 has racked up an average of 9.92% over the period. This ranks it number 300th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Kingswood is giving property investors an average Vendor Discount of around -3.38%. This puts suburb at number 1017th in NSW when ranking the most discounted suburbs.
Kingswood, 2747’s gross rental yield is 3.13%
Over the last year, property investments in Kingswood, 2747 have given investors a capital gain of 21.57%. This compares very favourably with the 8.63% for NSW as a whole.
Kingswood,2747 has offered an average of 21.57% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Kingswood is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 136th in terms of most discounted suburbs in NSW
In the last year 136 properties changed hands in Kingswood, which puts it as the 113th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 8.04%, investors should hope to achieve an overall return of 3.76%