Giving property investors a an average capital gain of 3.23% for the last year, Kingston Beach, 7050 is the 2319th highest performer in Australia in this respect.
The five-year average increase in median property values for Kingston Beach,7050 has given property investors a potential capital gain of 14.29% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.15% offered to property buyers. Sellers in Kingston Beach itself are offering an average vendor discount of -5.26% to real estate investors.
In the last year 38 properties changed hands in Kingston Beach, which puts it as the 72th most active market in TAS when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4590 per annum or $382.5 every week.
When looking at the potential capital gains offered to property investors over the last 3 years, Kingston Beach comes in at number 1st in TAS.
Kingston Beach, 7050’s gross rental yield is 4.04%