Property investors who have had real estate in Kingsbury, 3083 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.56%
Over the longer term, Kingsbury has seen property prices show investors a 37.21% return over the last 3 years. This is worse than over the last 12 months
At number 141th of VIC’s most discounted properties, Kingsbury is in the bottom 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Property investors who have had real estate in Kingsbury, 3083 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.78%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingsbury has fallen somewhat when compared to the 5 year average annual rate.
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 -4.44% is being offered, which puts this VIC suburb at 936th most discounted overall in Australia.