Australian home sizes at 22-year low
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
Figures from the previous quarter show that capital gains for real estate buyers in KEARNS are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
On average, rents on listings have reached the $450 mark, reflecting a 3.6% increase in returns based on the current median price in KEARNS.
KEARNS, 2558 ranks 1129th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 494th on the list of best yielding suburbs for rental properties in NSW, posting a 3.6% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $650,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.39% | N/A |
| Median 12 month | -2.99% | N/A |
| Median 3 years | 14.98% | N/A |
| Median 5 years | 55.88% | N/A |
| 10 years average annual | 7.49% | N/A |
| Weekly media advert. rent | $450 | N/A |
| Time on Market | 39.6 days | N/A |
| Gross Rental Yield Percent | 3.6% | N/A |
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