Giving property investors a an unimpressive capital gain of -4.15% for the last year, Kingston, 7050 is the 2472th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Kingston comes in at number 108th in TAS.
Our latest figures would indicate that property sellers in Kingston are currently offering property investors an average price cut of -5.88% below the asking price at the moment.
In the last year 149 properties changed hands in Kingston, which puts it as the 3rd most active market in TAS when comparing the number of sales per suburb.
Advertised rents are around the $480 mark per week – giving a return of 5.15% based on the median price in Suburb
Kingston is in the TOP 30% in TAS when comparing median price capital growth over the last year. Kingston gave property investors a good capital gain figure when compared to the rest of the state, with 11.11%.
Kingston,7050 has offered an average of 11.11% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Kingston should be aiming for at least -4.16% off the asking price, which is the average vendor discount being achieved at the moment.