With a capital gain of 2.62% for the last 12 months, Kingston, 7050 has performed for property investments than its average annual 3.90% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Kingston comes in at number 74th in TAS.
The most recent median price for Kingston is $528500, with sellers offering an average of -4.67% off the asking price.
At number 219 in a list of fastest selling suburbs, Kingston is in the TOP 10% of suburbs in Australia with an average of days on market 43.5735 for properties listed there.
Kingston is 82th on a list of best yielding suburbs for rents in TAS with a 4.92% return
TAS has seen average median house prices change by 5.99% which means that Kingston, 7050 has done well for property investors by showing a capital gain of 6.04% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingston has increased when compared to the 5 year average annual rate.
At number 11th of TAS’s most discounted properties, Kingston is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Kingston, 7050’s gross rental yield is 5.14%