TAS has seen average median house prices change by 11.09% which means that Kingston, 7050 has done well for property investors by showing a capital gain of 3.85% over the last year
While Kingston,7050 ranked number 146th in TAS for increase in median house value (annualised) increase, it is ranked 92th over the last 5 years.
Property buyers and investors in Kingston 7050 should be seeing an average reduction in asking price of around -2.55% . This means that Kingston is holding prices well when compared to other suburbs in TAS.
At number 92 in a list of fastest selling suburbs, Kingston is in the TOP 10% of suburbs in Australia with an average of days on market 29.7107 for properties listed there.
Advertised rents are around the $492.5 mark per week – giving a return of 4.74% based on the median price in Suburb
If you compare the increase in value of investment property in Kingston, 7050 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 1.69%.
Over the longer term, Kingston has seen property prices show investors a 20.57% return over the last 3 years. This is worse than over the last 12 months
Renters in Suburb are facing rents around $21840 per annum or $420 every week.