The suburb’s capital gain of -1.3% for the past year is lower than average compared to its 16.51% growth within a five-year period.
Also in KEARNEYS SPRING, the median home price is sitting at $381,000, and the average rent at $340, this suggests property owners could potentially earn a 4.64% increase in gross rental yield.
Property investors have seen a -2.31% 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 3.27% growth over a ten-year period. It ranks 2468th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.3%||-10.88%|
|Median 3 years||3.81%||-4.79%|
|Median 5 years||16.51%||11.67%|
|10 years average annual||3.27%||3.15%|
|Weekly media advert. rent||$340||$280|
|Time on Market||69.6 days||95.4 days|
|Gross Rental Yield Percent||4.64%||5.23%|