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The suburb’s capital gain of 3.57% for the past year is lower than average compared to its 19.03% growth within a five-year period.
Also in KEARNEYS SPRING, the median home price is sitting at $398,750, and the average rent at $345, this suggests property owners could potentially earn a 4.5% increase in gross rental yield.
Property investors have seen a 0.31% gain in KEARNEYS SPRING based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.63% growth over a ten-year period. It ranks 2073rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $398,750 | $292,200 |
| GROWTH REPORT | ||
| Median Quarterly | 0.31% | -0.87% |
| Median 12 month | 3.57% | 4.36% |
| Median 3 years | 6.33% | -2.92% |
| Median 5 years | 19.03% | 8.62% |
| 10 years average annual | 3.63% | 3% |
| Weekly media advert. rent | $345 | $280 |
| Time on Market | 77.5 days | 116.2 days |
| Gross Rental Yield Percent | 4.5% | 4.98% |
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