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 3.53%.
If we look at median property appreciation over just the last three months, Kilkenny has given property investors a paper return of 0.09%. This puts Suburb as 247 on a list of fastest fasting appreciating suburbs in SA
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Kilkenny itself are offering an average vendor discount of -7.82% to real estate investors.
Residents and property investors in Kilkenny have been waiting around 68.69 days to sell a property.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 4.80%, investors should hope to achieve an overall return of 4.25%