If you compare the increase in value of investment property in Kingswood, 5062 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 3.45%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingswood has increased when compared to the 5 year average annual rate.
Property buyers and investors in Kingswood 5062 should be seeing an average reduction in asking price of around -8.13% . This means that Kingswood is holding prices well when compared to other suburbs in SA.
Kingswood is 385th on a list of best yielding suburbs for rents in SA with a 2.77% return
Over the last year, property investments in Kingswood, 5062 have given investors a capital gain of 12.87%. This compares favourably with the 3.81% for SA as a whole.
If we look at median property appreciation over just the last three months, Kingswood has given property investors a paper return of 6.25%. This puts Suburb as 38 on a list of fastest fasting appreciating suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Kingswood is offering property investors an average of -6.30. This rate of discount on properties puts Suburb at number 42th in terms of most discounted suburbs in SA
The SA suburb of Kingswood, 5062 is in the Mitcham local government area.