Property value increases in Kensington Park have tracked just higher than the SA average of 3.24% over the last 12 months.
A 9.64% growth in median value for property investors in Kensington Park,5068 puts this suburb at number 355th in terms of best performing suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Kensington Park is offering property investors an average of -6.50. This rate of discount on properties puts Suburb at number 164th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Kensington Park the average time real estate has been on the market is 51.48 days.
With the median price for a house in Kensington Park being $910000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 2.83%
At number 716th in the list of Australian suburbs ordered by increase in median house value over the last year, Kensington Park, 5068 is in the top half with a property value increase of 4.72% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Kensington Park comes in at number 77th in SA.
In the last year 16 properties changed hands in Kensington Park, which puts it as the 138th most active market in SA when comparing the number of sales per suburb.
Kensington Park is 173th on a list of best yielding suburbs for rents in SA with a 3.72% return