Property investors have seen a 2.27% gain in KENMORE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KENMORE, 4069 saw average growth in the long term.
The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $676,000
Profits averaged 4.86% per annum over a 3-year period, due to an upward trend in home prices in KENMORE, 4069.
This means, real estate investors could earn a rental income of $510 based on current median home prices for the suburb.
The gross rental yield in KENMORE, 4069 is 3.92%.
An average of 11.75 real estate transactions take place per month in KENMORE which translates to 141 per annum.
Property investments in KENMORE did not fare well against the rest of the country last year, registering a median home price decrease of -13.85%.
Figures from the previous quarter show that capital gains for real estate buyers in KENMORE are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $520 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In KENMORE, homes and units usually stay on listing for an average of 0.0 days.
the QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $560,000
Investors saw the median home price rise to $560,000.
KENMORE ranks 244th on the list of best yielding suburbs for rental properties in QLD, posting a 4.83% return.
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