With a capital gain of 9.57% for the last 12 months, Kingscote, 5223 has performed for property investments than its average annual 2.91% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Kingscote,5223 has racked up an average of 9.57% over the period. This ranks it number 2879th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Kingscote is offering property investors an average of -6.56. This rate of discount on properties puts Suburb at number 280th in terms of most discounted suburbs in SA
Advertised rents are around the $235 mark per week – giving a return of 4.75% based on the median price in Suburb