Over the last year, property investments in Kingsbury, 3083 have given investors a capital gain of 11.47%. This compares favourably with the 7.80% 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 20.46% across each of those five years.
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 -4.45% is being offered, which puts this VIC suburb at 2965th most discounted overall in Australia.
Often selling an investment property can take time, and in Kingsbury the average time real estate has been on the market is 48.45 days.
With the median price for a house in Kingsbury being $590250 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.17%
VIC has seen average median house prices change by 3.63% which means that Kingsbury, 3083 has done well for property investors by showing a capital gain of -12.50% over the last year
Kingsbury,3083 has offered an average of -12.50% return per annum in house price rises to property investors over the last three years.
The most recent median price for Kingsbury is $350000, with sellers offering an average of -5.43% off the asking price.
Situated 11.03km from the CBD, Kingsbury is one of Darebin localities in the postcode 3083.