With a capital gain of 5.15% for the last 12 months, Kingsbury, 3083 has performed for property investments than its average annual 7.59% property growth over the last 5 years.
A 38.37% growth in median value for property investors in Kingsbury,3083 puts this suburb at number 513th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Kingsbury itself are offering an average vendor discount of -4.62% to real estate investors.
Renters in Suburb are facing rents around $4260 per annum or $355 every week.
Kingsbury is in the bottom 30% in VIC when comparing median price capital growth over the last year. Kingsbury gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.30%.
Property buyers and investors in Kingsbury 3083 should be seeing an average reduction in asking price of around -4.98% . This means that Kingsbury is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $330 mark per week – giving a return of 4.52% based on the median price in Suburb