If you compare the increase in value of investment property in Kinglake, 3763 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.72%.
Kinglake,3763 was ranked 1178 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Kinglake should be aiming for at least -5.99% off the asking price, which is the average vendor discount being achieved at the moment.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 5.70%.