SA has seen average median house prices change by 3.04% which means that Kensington Gardens, 5068 has done well for property investors by showing a capital gain of -23.09% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Kensington Gardens comes in at number 360th in SA.
Our latest figures would indicate that property sellers in Kensington Gardens are currently offering property investors an average price cut of -4.60% below the asking price at the moment.
With a capital gain of 4.30% for the last 12 months, Kensington Gardens, 5068 has performed for property investments than its average annual 4.25% property growth over the last 5 years.
Over the longer term, Kensington Gardens has seen property prices show investors a 10.80% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.30% offered to property buyers. Sellers in Kensington Gardens itself are offering an average vendor discount of -5.10% to real estate investors.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
Property investors should expect to get $325 weekly from the median priced house in this suburb.