Investment property in Kingston has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.62%
The five-year average increase in median property values for Kingston,7050 has given property investors a potential capital gain of 21.29% across each of those five years.
Kingston, 7050 is offering TAS ‘s 141th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this TAS.
Investment property in Kingston has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.92%
Across a shorter period, Kingston, 7050 has seen a median price increase of 2.16% over the last quarter.
Property buyers and investors in Kingston 7050 should be seeing an average reduction in asking price of around -4.07% . This means that Kingston is holding prices well when compared to other suburbs in TAS.
On average over the past year, suburb has had 8.42 sales per month, which equates to 101 per year.
A $337.5 per week rent on the median house gives suburb investors a gross yield of circa 5.30%, without taking into account capital value appreciation, which has been averaging out at 2.77%.