With a capital gain of 15.49% for the last 12 months, Kings Park, 3021 has performed for property investments than its average annual 6.94% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kings Park has increased when compared to the 5 year average annual rate.
Kings Park, 3021 is offering VIC ‘s 403th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
With the median price for a house in Kings Park being $410000 and the advertised rent reaching $327.5 the gross rental yield for property investors calculates out to be 4.15%