Kingston is in the bottom 40% in QLD when comparing median price capital growth over the last year. Kingston gave property investors a disappointing capital gain figure when compared to the rest of the state, with 7.74%.
When looking at the potential capital gains offered to property investors over the last 3 years, Kingston comes in at number 810th in QLD.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Kingston itself are offering an average vendor discount of -6.25% to real estate investors.
At number 2046 in a list of fastest selling suburbs, Kingston is just in the bottom half of suburbs in Australia with an average of days on market 57.4067 for properties listed there.
With the median price for a house in Kingston being $320000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 5.53%