Property investors who have had real estate in Kensington Park, 5068 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.36%
While Kensington Park,5068 ranked number 125th in SA for increase in median house value (annualised) increase, it is ranked 244th over the last 5 years.
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 Kensington Park, 5068. Typically our figures indicate that -7.09% is being offered, which puts this SA suburb at 1230th most discounted overall in Australia.
Residents and property investors in Kensington Park have been waiting around 41.83 days to sell a property.
Advertised rents are around the $490 mark per week – giving a return of 2.86% based on the median price in Suburb
Property value increases in Kensington Park have tracked higher than the SA average of 3.64% over the last 12 months.
A 38.54% growth in median value for property investors in Kensington Park,5068 puts this suburb at number 15th in terms of best performing suburbs in SA
Using the current median advertised rental of $305 and the average annual increase in value of a median property of 8.67%, investors should hope to achieve an overall return of 3.44%