SA has seen average median house prices change by 3.04% which means that Kingswood, 5062 has done well for property investors by showing a capital gain of 12.36% over the last year
Comparing Kingswood,5062 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Kingswood 5062 should be seeing an average reduction in asking price of around -6.82% . This means that Kingswood is holding prices well when compared to other suburbs in SA.
At number 3672 in a list of fastest selling suburbs, Kingswood is in the bottom 10% of suburbs in Australia with an average of days on market 161 for properties listed there.
Property investors should expect to get $455 weekly from the median priced house in this suburb.
At number 1619th in the list of Australian suburbs ordered by increase in median house value over the last year, Kingswood, 5062 is in the BOTTOM 10% with a property value increase of -12.61% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Kingswood,5062 has racked up an average of -12.61% over the period. This ranks it number 1452th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kingswood, 5062. Typically our figures indicate that -4.93% is being offered, which puts this SA suburb at 780th most discounted overall in Australia.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.