At number 1375th in the list of Australian suburbs ordered by increase in median house value over the last year, Kilburn, 5084 is in the top 40% with a property value increase of 11.11% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Kilburn,5084 has racked up an average of 11.11% over the period. This ranks it number 1981th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Kilburn is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 362th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Kilburn the average time real estate has been on the market is 64.13 days.
A $335 per week rent on the median house gives suburb investors a gross yield of circa 3.87%, without taking into account capital value appreciation, which has been averaging out at 4.60%.
Kilburn has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -10.53% to date .
If we look at median property appreciation over just the last three months, Kilburn has given property investors a paper return of -5.76%. This puts Suburb as 143 on a list of fastest fasting appreciating suburbs in SA
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.27% offered to property buyers. Sellers in Kilburn itself are offering an average vendor discount of -4.75% to real estate investors.
With the median price for a house in Kilburn being $255000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.51%