Kingsbury, 3083 ranked 319th in VIC when comparing growth in median property values or capital gain over the last 12 months. Kingsbury is one of 2098 in our list for VIC
Across a shorter period, Kingsbury, 3083 has seen a median price increase of 0.82% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kingsbury, 3083. Typically our figures indicate that -4.16% is being offered, which puts this VIC suburb at 3095th most discounted overall in Australia.
In the last year 45 properties changed hands in Kingsbury, which puts it as the 451th most active market in VIC when comparing the number of sales per suburb.
Kingsbury is 389th on a list of best yielding suburbs for rents in VIC with a 3.04% return
VIC has seen average median house prices change by 4.26% which means that Kingsbury, 3083 has done well for property investors by showing a capital gain of -2.00% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingsbury has fallen somewhat when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.98% to buyers in Kingsbury at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $330 mark per week – giving a return of 4.52% based on the median price in Suburb