Kensington Gardens has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 2.53% to date .
While Kensington Gardens,5068 ranked number 359th in SA for increase in median house value (annualised) increase, it is ranked 21th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Kensington Gardens is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 213th in terms of most discounted suburbs in SA
Kensington Gardens, 5068’s gross rental yield is 2.42%
Property value increases in Kensington Gardens have tracked close to the SA average of 4.27% over the last 12 months.
The five-year average increase in median property values for Kensington Gardens,5068 has given property investors a potential capital gain of 6.76% across each of those five years.
Kensington Gardens5068 is located in SA which offers an average discount of -6.11% to property investors. Kensington Gardens itself is showing figures that indicate -4.40% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $3900 per annum or $325 every week.