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 4.71%
Over the longer term, Kensington Park has seen property prices show investors a 1.20% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Kensington Park 5068 should be seeing an average reduction in asking price of around -6.68% . This means that Kensington Park is holding prices well when compared to other suburbs in SA.
Property investors should expect to get $517.5 weekly from the median priced house in this suburb.
Kensington Park has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 2.66% to date .
Taking the average capital gain, or increase in median house value, Kensington Park,5068 has racked up an average of 2.66% over the period. This ranks it number 1127th in the whole country for real estate investors looking at median house price increases.
Kensington Park, 5068 is offering SA ‘s 145th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.
With the median price for a house in Kensington Park being $425000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 3.92%