Property value increases in Kingsbury have tracked close to the VIC average of 11.00% over the last 12 months.
The five-year average increase in median property values for Kingsbury,3083 has given property investors a potential capital gain of 49.43% across each of those five years.
At number 341th of VIC’s most discounted properties, Kingsbury is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.
Advertised rents are around the $360 mark per week – giving a return of 2.88% based on the median price in Suburb
At number 879th in the list of Australian suburbs ordered by increase in median house value over the last year, Kingsbury, 3083 is in the BOTTOM 50% with a property value increase of 3.85% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Kingsbury,3083 has racked up an average of 3.85% over the period. This ranks it number 1271th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Kingsbury is $405000, with sellers offering an average of -4.68% off the asking price.
Situated 12.78km from the CBD, Kingsbury is one of Darebin localities in the postcode 3083.