At number 3387th in the list of Australian suburbs ordered by increase in median house value over the last year, Kinross, 6028 is in the BOTTOM 20% with a property value increase of -2.44% recorded in median house prices.
Over the longer term, Kinross has seen property prices show investors a -12.57% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kinross, 6028. Typically our figures indicate that -6.66% is being offered, which puts this WA suburb at 1190th most discounted overall in Australia.
At number 2188 in a list of fastest selling suburbs, Kinross is just in the bottom half of suburbs in Australia with an average of days on market 78.17 for properties listed there.
Kinross, 6028’s gross rental yield is 4.12%
Over the last year, property investments in Kinross, 6028 have given investors a capital gain of 2.58%. This compares favourably with the 0.55% for WA as a whole. The main selling points are great location still close to the ocean, all local amenities and great school reputations.Full summary
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Selling points: The main selling points are great location still close to the ocean, all local amenities and great school reputations.
Most sort after properties: The properties in most demand would most certainly be 4 bed, 2 bath with double garage.
Most common properties: Characteristically the majority of the house are 4x2, double garage, some with below ground pool, most have air conditioning.
Top amenities: The best amenities would be the school's reputations, shopping, local cafes, supermarket, close to all public transport.
Local industry and businesses: The major employers in the suburb would be IGA, Chicken Treat, local cafe Andersons.
Recent changes: The council improvements include revamping of local parkland, beautifying streetscapes.
Best streets: In my personal opinion many of the streets in the suburb are great and would suit any Buyer, Kinross is split into two sections. And normally there is a liking towards West Side of Connolly Drive and or East, both have wonderful features
Public transport: The local public transport is brilliant including the local train station.
Main arteries: Connolly Drive, Marmion Avenue and Burns Beach Rd all lead to both Beaches, Freeway access etc.