If you compare the increase in value of investment property in Kilkenny, 5009 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 5.33%.
Kilkenny,5009 was ranked 2361 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Kilkenny is offering property investors an average of -6.56. This rate of discount on properties puts Suburb at number 51th in terms of most discounted suburbs in SA
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
With the median price for a house in Kilkenny being $445000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.32%