Kings Park has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -9.20% to date .
If we look at median property appreciation over just the last three months, Kings Park has given property investors a paper return of -3.14%. This puts Suburb as 580 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Kings Park is giving property investors an average Vendor Discount of around -7.36%. This puts suburb at number 222th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Kings Park the average time real estate has been on the market is 93.5 days.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 6.98%, investors should hope to achieve an overall return of 3.58%