Over the last year, property investments in Kingswood, 5062 have given investors a capital gain of 14.51%. This compares very favourably with the 3.22% for SA as a whole.
Across a shorter period, Kingswood, 5062 has seen a median price increase of 13.86% over the last quarter.
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 Kingswood itself are offering an average vendor discount of -6.91% to real estate investors.
In the last year 31 properties changed hands in Kingswood, which puts it as the 288th most active market in SA when comparing the number of sales per suburb.
Advertised rents are around the $500 mark per week – giving a return of 2.59% based on the median price in Suburb
Giving property investors a an unimpressive capital gain of 0.00% for the last year, Kingswood, 5062 is the 1073th highest performer in Australia in this respect.
The five-year average increase in median property values for Kingswood,5062 has given property investors a potential capital gain of 2.27% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Kingswood is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 98th in terms of most discounted suburbs in SA