If you compare the increase in value of investment property in Kingsgrove, 2208 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.03%.
Across a shorter period, Kingsgrove, 2208 has seen a median price increase of 0.48% over the last quarter.
Kingsgrove, 2208 is offering NSW ‘s 365th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.
Advertised rents are around the $630 mark per week – giving a return of 2.43% based on the median price in Suburb
Investment property in Kingsgrove has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.68%
Across a shorter period, Kingsgrove, 2208 has seen a median price increase of 9.03% over the last quarter.
Kingsgrove, 2208’s gross rental yield is 3.41%