Over the last year, property investments in Kingsbury, 3083 have given investors a capital gain of 9.46%. This compares averagely with the 8.27% for VIC as a whole.
The five-year average increase in median property values for Kingsbury,3083 has given property investors a potential capital gain of 36.60% across each of those five years.
Vendor discounting in Kingsbury is giving property investors an average Vendor Discount of around -4.16%. This puts suburb at number 470th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
VIC has seen average median house prices change by 3.49% which means that Kingsbury, 3083 has done well for property investors by showing a capital gain of -1.43% over the last year
If we look at median property appreciation over just the last three months, Kingsbury has given property investors a paper return of -1.30%. This puts Suburb as 261 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.13% offered to property buyers. Sellers in Kingsbury itself are offering an average vendor discount of -3.59% to real estate investors.
At number 437 in a list of fastest selling suburbs, Kingsbury is in the TOP 30% of suburbs in Australia with an average of days on market 62.11 for properties listed there.
Advertised rents are around the $330 mark per week – giving a return of 4.52% based on the median price in Suburb