Investment property in Kingaroy 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 6.38%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingaroy has increased when compared to the 5 year average annual rate.
The most recent median price for Kingaroy is $250000, with sellers offering an average of -7.60% off the asking price.
In the last year 174 properties changed hands in Kingaroy, which puts it as the 57th most active market in QLD when comparing the number of sales per suburb.
Situated 156.22km from the CBD, Kingaroy is one of South Burnett (R) localities in the postcode 4610.
Across a shorter period, Kingaroy, 4610 has seen a median price increase of -0.54% over the last quarter.
Advertised rents are around the $200 mark per week – giving a return of 5.62% based on the median price in Suburb