Over the last year, property investments in Kingsford, 2032 have given investors a capital gain of -4.74%. This compares averagely with the -4.28% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingsford has increased 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 Kingsford, 2032. Typically our figures indicate that -6.78% is being offered, which puts this NSW suburb at 1568th most discounted overall in Australia.
Property investors should expect to get $950 weekly from the median priced house in this suburb.
Investment property in Kingsford has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.30%
A 18.43% growth in median value for property investors in Kingsford,2032 puts this suburb at number 257th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Kingsford should be aiming for at least -7.66% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Kingsford the average time real estate has been on the market is 66.8158 days.
A $580 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 5.44%.