Over the last year, property investments in Kinross, 6028 have given investors a capital gain of -6.41%. This compares badly with the -4.91% for WA as a whole.
Taking the average capital gain, or increase in median house value, Kinross,6028 has racked up an average of -6.41% over the period. This ranks it number 3458th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.27% to buyers in Kinross at the moment, which is less than average for the rest of WA.
Residents and property investors in Kinross have been waiting around 81.06 days to sell a property.
With the median price for a house in Kinross being $511250 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.37%
Over the last year, property investments in Kinross, 6028 have given investors a capital gain of 2.58%. This compares favourably with the 0.55% for WA as a whole. The main selling points are great location still close to the ocean, all local amenities and great school reputations.Full summary
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Selling points: The main selling points are great location still close to the ocean, all local amenities and great school reputations.
Most sort after properties: The properties in most demand would most certainly be 4 bed, 2 bath with double garage.
Most common properties: Characteristically the majority of the house are 4x2, double garage, some with below ground pool, most have air conditioning.
Top amenities: The best amenities would be the school's reputations, shopping, local cafes, supermarket, close to all public transport.
Local industry and businesses: The major employers in the suburb would be IGA, Chicken Treat, local cafe Andersons.
Recent changes: The council improvements include revamping of local parkland, beautifying streetscapes.
Best streets: In my personal opinion many of the streets in the suburb are great and would suit any Buyer, Kinross is split into two sections. And normally there is a liking towards West Side of Connolly Drive and or East, both have wonderful features
Public transport: The local public transport is brilliant including the local train station.
Main arteries: Connolly Drive, Marmion Avenue and Burns Beach Rd all lead to both Beaches, Freeway access etc.