Kings Park has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.86% to date .
While Kings Park,2148 ranked number 677th in NSW for increase in median house value (annualised) increase, it is ranked 1043th over the last 5 years.
Kings Park2148 is located in NSW which offers an average discount of -6.70% to property investors. Kings Park itself is showing figures that indicate -5.74% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Kings Park, 2148 is in the Blacktown (C) local government area.
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Kings Park is one of the smaller suburbs within the Blacktown area, and is one of Western Sydney’s best served suburbs for transport. Nearby suburb Kings Langley is much larger, but with an average asking price of about $120,000 more.
“Kings Park feeds largely off of the popularity of Kings Langley, quite an affluent suburb that’s hard to get into. When buyers can’t get in there, they often choose Kings Park, which offers a similar deal, but at a much more affordable price,” says Brett Watkins, a senior sales consultant at Century 21-Quakers Hill.
Best street(s): Any of the streets off of where Harvey Road meets the Marayong Station.