TAS has seen average median house prices change by 11.04% which means that Kingston Beach, 7050 has done well for property investors by showing a capital gain of 42.72% over the last year
Taking the average capital gain, or increase in median house value, Kingston Beach,7050 has racked up an average of 42.72% over the period. This ranks it number 50th in the whole country for real estate investors looking at median house price increases.
Residents and property investors in Kingston Beach have been waiting around 18.63 days to sell a property.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 8.20%, investors should hope to achieve an overall return of 3.08%
Property value increases in Kingston Beach have tracked just higher than the TAS average of 7.81% over the last 12 months.
If we look at median property appreciation over just the last three months, Kingston Beach has given property investors a paper return of -11.43%. This puts Suburb as 63 on a list of fastest fasting appreciating suburbs in TAS
Situated 11.08km from the CBD, Kingston Beach is one of Kingborough (M) localities in the postcode 7050.