SA has seen average median house prices change by 1.50% which means that Kensington Gardens, 5068 has done well for property investors by showing a capital gain of 13.22% over the last year
Kensington Gardens,5068 has offered an average of 13.22% return per annum in house price rises to property investors over the last three years.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Situated 5.90km from the CBD, Kensington Gardens is one of Burnside (C) localities in the postcode 5068.
With a capital gain of 0.62% for the last 12 months, Kensington Gardens, 5068 has performed for property investments than its average annual 2.05% property growth over the last 5 years.
Across a shorter period, Kensington Gardens, 5068 has seen a median price increase of -0.61% over the last quarter.
Vendor discounting in Kensington Gardens is giving property investors an average Vendor Discount of around -7.07%. This puts suburb at number 21th in SA when ranking the most discounted suburbs.
In the last year 28 properties changed hands in Kensington Gardens, which puts it as the 30th most active market in SA when comparing the number of sales per suburb.
A $335 per week rent on the median house gives suburb investors a gross yield of circa 4.27%, without taking into account capital value appreciation, which has been averaging out at 2.05%.