Property investors who have had real estate in Kensington Gardens, 5068 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.67%
Comparing Kensington Gardens,5068 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Kensington Gardens should be aiming for at least -4.19% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $26780 per annum or $515 every week.
With a capital gain of 5.00% for the last 12 months, Kensington Gardens, 5068 has performed for property investments than its average annual 2.41% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Kensington Gardens comes in at number 92th in SA.
Our latest figures would indicate that property sellers in Kensington Gardens are currently offering property investors an average price cut of -3.95% below the asking price at the moment.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 2.41%, investors should hope to achieve an overall return of 4.21%