At number 1421th in the list of Australian suburbs ordered by increase in median house value over the last year, Kingsbury, 3083 is in the top 40% with a property value increase of 7.46% recorded in median house prices.
Over the longer term, Kingsbury has seen property prices show investors a 37.50% return over the last 3 years. This is worse than over the last 12 months
Advertised rents are around the $360 mark per week – giving a return of 3.09% based on the median price in Suburb
Kingsbury has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -3.06% to date .
At number 167th of VIC’s most discounted properties, Kingsbury is in the middle of the state/territory when listing in order of most discounted to least.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.52%, without taking into account capital value appreciation, which has been averaging out at 7.01%.