Property investors who have had real estate in Kensington Gardens, 5068 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.32%
Taking the average capital gain, or increase in median house value, Kensington Gardens,5068 has racked up an average of -10.32% over the period. This ranks it number 2147th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Kensington Gardens 5068 should be seeing an average reduction in asking price of around -5.70% . This means that Kensington Gardens is holding prices well when compared to other suburbs in SA.
Situated 5.93km from the CBD, Kensington Gardens is one of Burnside localities in the postcode 5068.
Kensington Gardens has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.19% to date .
Kensington Gardens,5068 has offered an average of 1.19% return per annum in house price rises to property investors over the last three years.
The most recent median price for Kensington Gardens is $387500, with sellers offering an average of -4.70% off the asking price.
Residents and property investors in Kensington Gardens have been waiting around 39.6 days to sell a property.
With the median price for a house in Kensington Gardens being $387500 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 4.36%