Kingscote is in the bottom 30% in SA when comparing median price capital growth over the last year. Kingscote gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.00%.
A 11.36% growth in median value for property investors in Kingscote,5223 puts this suburb at number 385th in terms of best performing suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Kingscote is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 301th in terms of most discounted suburbs in SA
With the median price for a house in Kingscote being $245000 and the advertised rent reaching $237.5 the gross rental yield for property investors calculates out to be 5.04%