Over the last year, property investments in Kingsbury, 3083 have given investors a capital gain of 3.56%. This compares badly with the 9.78% for VIC as a whole.
If we look at median property appreciation over just the last three months, Kingsbury has given property investors a paper return of 0.16%. This puts Suburb as 541 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Kingsbury is giving property investors an average Vendor Discount of around -3.60%. This puts suburb at number 501th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Kingsbury the average time real estate has been on the market is 62.07 days.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.06%, without taking into account capital value appreciation, which has been averaging out at 7.49%.
If you compare the increase in value of investment property in Kingsbury, 3083 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 2.09%.
When looking at the potential capital gains offered to property investors over the last 3 years, Kingsbury comes in at number 299th in VIC.
At number 101th of VIC’s most discounted properties, Kingsbury is in the bottom 40% of the state/territory when listing in order of most discounted to least.
At number 476 in a list of fastest selling suburbs, Kingsbury is in the TOP 40% of suburbs in Australia with an average of days on market 62.44 for properties listed there.
A $335 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 4.76%.