AREA REPORTS

Kedron

QLD/
Kedron

Suburb Profile

Kedron - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4031

house
unit

KEDRON, 4031 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling KEDRON, 4031 values up and netting property investors a capital gain of 8.13% for the past year.

Investors saw the median home price rise to $735,000.

Profits due to an upward trend in home prices in the suburb averaged 7.16% per annum over a 3-year period.

KEDRON now ranks at the 116th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in KEDRON are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $460 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KEDRON, homes and units usually stay on listing for an average of 52.6 days.

In 2016, 131 properties were sold in KEDRON during the past year, making it the 754th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $735,000 $406,400
GROWTH REPORT
Median Quarterly 4.63% 4.21%
Median 12 month 8.13% -4.15%
Median 3 years 21.49% -10.68%
Median 5 years 34.86% 24.76%
10 years average annual 3.72% 2.75%
Weekly media advert. rent $460 $350
Time on Market 52.6 days 88.4 days
Gross Rental Yield Percent 3.25% 4.48%
demographics (median values)
Total Population
8119
Weekly Household Income
1051
Household Size
2.20
demographics
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