Why It’s The Perfect Time To Realign Your Regional Portfolio
If you’ve been considering parting with a regional property, but you’re worried certain factors might make it a hard...
The suburb’s capital gain of 3.8% for the past year is higher than average compared to its 7.89% growth within a five-year period.
Also in KEARNEYS SPRING, the median home price is sitting at $410,000, and the average rent at $379, this suggests property owners could potentially earn a 4.81% increase in gross rental yield.
Property investors have seen a 1.23% 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 2.15% growth over a ten-year period. It ranks 3344th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.8%||3.21%|
|Median 3 years||2.5%||0.71%|
|Median 5 years||7.89%||-8.1%|
|10 years average annual||2.15%||1.49%|
|Weekly media advert. rent||$379||$300|
|Time on Market||31.4 days||82.5 days|
|Gross Rental Yield Percent||4.81%||5.39%|