Investment property in Kensington Park has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -19.00%
Taking the average capital gain, or increase in median house value, Kensington Park,5068 has racked up an average of -19.00% over the period. This ranks it number 925th in the whole country for real estate investors looking at median house price increases.
Residents and property investors in Kensington Park have been waiting around 46.1538 days to sell a property.
With the median price for a house in Kensington Park being $948500 and the advertised rent reaching $545 the gross rental yield for property investors calculates out to be 2.99%
With a capital gain of 3.60% for the last 12 months, Kensington Park, 5068 has performed for property investments than its average annual 3.38% property growth over the last 5 years.
Across a shorter period, Kensington Park, 5068 has seen a median price increase of -6.09% over the last quarter.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.13%, without taking into account capital value appreciation, which has been averaging out at 3.38%.