Kingston has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.10% to date .
A 12.50% growth in median value for property investors in Kingston,4114 puts this suburb at number 763th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Kingston itself are offering an average vendor discount of -8.90% to real estate investors.
With the median price for a house in Kingston being $292500 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 6.04%