Property value increases in Kings Beach have tracked lower than the QLD average of 2.46% over the last 12 months.
With the median price for a house in Kings Beach being $633750 and the advertised rent reaching $392.5 the gross rental yield for property investors calculates out to be 3.22%
At number 626th in the list of Australian suburbs ordered by increase in median house value over the last year, Kings Beach, 4551 is in the top 40% with a property value increase of 7.16% recorded in median house prices.
Over the longer term, Kings Beach has seen property prices show investors a 8.63% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Kings Beach is giving property investors an average Vendor Discount of around -5.34%. This puts suburb at number 185th in QLD when ranking the most discounted suburbs.
Residents and property investors in Kings Beach have been waiting around 91.33 days to sell a property.
With the median price for a house in Kings Beach being $396500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.59%