Investment property in Kingsford has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.13%
The five-year average increase in median property values for Kingsford,2032 has given property investors a potential capital gain of 99.83% 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 Kingsford, 2032. Typically our figures indicate that -9.33% is being offered, which puts this NSW suburb at 375th most discounted overall in Australia.
Using the current median advertised rental of $900 and the average annual increase in value of a median property of 10.08%, investors should hope to achieve an overall return of 2.05%
Property investors who have had real estate in Kingsford, 2032 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.28%
Comparing Kingsford,2032 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Kingsford is giving property investors an average Vendor Discount of around -6.83%. This puts suburb at number 38th in NSW when ranking the most discounted suburbs.
At number 410 in a list of fastest selling suburbs, Kingsford is in the TOP 30% of suburbs in Australia with an average of days on market 52.77 for properties listed there.
Situated 6.45km from the CBD, Kingsford is one of Randwick localities in the postcode 2032.