How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
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The suburb’s capital gain of -6.63% for the past year is lower than average compared to its -0.4% growth within a five-year period.
Also in KEARNEYS SPRING, the median home price is sitting at $373,500, and the average rent at $370, this suggests property owners could potentially earn a 5.15% increase in gross rental yield.
Property investors have seen a -1.19% drop in KEARNEYS SPRING based on a decrease 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 2.13% growth over a ten-year period. It ranks 2834th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $373,500 | $290,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.19% | -3.33% |
| Median 12 month | -6.63% | 1.75% |
| Median 3 years | -3.74% | -2.52% |
| Median 5 years | -0.4% | -1.53% |
| 10 years average annual | 2.13% | 2.01% |
| Weekly media advert. rent | $370 | $285 |
| Time on Market | 69.2 days | 116.3 days |
| Gross Rental Yield Percent | 5.15% | 5.11% |
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