If you compare the increase in value of investment property in Kingscote, 5223 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -2.00%.
The five-year average increase in median property values for Kingscote,5223 has given property investors a potential capital gain of 11.36% across each of those five years.
Property investors looking for a bargain in Kingscote should be aiming for at least -4.52% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3739 in a list of fastest selling suburbs, Kingscote is in the bottom 10% of suburbs in Australia with an average of days on market 162.73 for properties listed there.
The SA suburb of Kingscote, 5223 is in the Kangaroo Island local government area.