Giving property investors a an average capital gain of 5.78% for the last year, Kingston, 7050 is the 2133th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Kingston comes in at number 118th in TAS.
LACK OF BUYER INTEREST may well be the reason that Kingston is offering property investors an average of -6.51. This rate of discount on properties puts Suburb at number 152th in terms of most discounted suburbs in TAS
At number 658 in a list of fastest selling suburbs, Kingston is in the TOP 20% of suburbs in Australia with an average of days on market 49.49 for properties listed there.
Advertised rents are around the $380 mark per week – giving a return of 4.85% based on the median price in Suburb
Kingston, 7050 ranked 24th in TAS when comparing growth in median property values or capital gain over the last 12 months. Kingston is one of 606 in our list for TAS
Taking the average capital gain, or increase in median house value, Kingston,7050 has racked up an average of 4.23% over the period. This ranks it number 740th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Kingston is $320000, with sellers offering an average of -4.25% off the asking price.
On average over the past year, suburb has had 8.00 sales per month, which equates to 96 per year.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.