Investment property in Kingaroy has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.40%
Taking the average capital gain, or increase in median house value, Kingaroy,4610 has racked up an average of -3.40% over the period. This ranks it number 3459th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.65% to buyers in Kingaroy at the moment, which is less than average for the rest of QLD.
With the median price for a house in Kingaroy being $241500 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.81%
In the last year 12 properties changed hands in Kingaroy, which puts it as the 358th most active market in QLD when comparing the number of sales per suburb.
Kingaroy, 4610’s gross rental yield is 6.50%