Kearneys Spring

POSTAL CODE: QLD, 4350
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KEARNEYS SPRING ranks 233rd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 17.78% for the past year is lower than average compared to its 98.75% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in KEARNEYS SPRING, the median home price is sitting at $795,000, and the average rent at $550, this suggests property owners could potentially earn a 3.6% increase in gross rental yield.

Property investors have seen a 5.72% gain in KEARNEYS SPRING based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on KEARNEYS SPRING, 4350 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 17.78%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.29% growth over a ten-year period. It ranks 1007th on our list of suburbs that property investors should look into.

Surburb overview

This southern Toowoomba region is a noted family-friendly suburb that offers city-style living with a regional community feel and budget. Two major motorways connect it to the state capital, Brisbane, in under two hours, as well as other parts of regional Queensland and NSW.

Already boasting Queensland’s second-largest regional economy, Toowoomba is set to reap the benefits of several major infrastructure projects in the coming years, including the $1.6 billion Toowoomba Second Range Crossing and the $15 billion Inland Rail Link, as well as the redevelopment of Grand Central and Wellcamp Airport. Harristown will experience the knock-on effects of these projects.

Around 9,000 residents call Kearneys Spring home, while the wider Toowoomba region is expected to house over 230,000 people by 2050, with vast residential infrastructure projects needed to support this accommodation growth.

Home to four small shopping centres, the suburb is located just 5 kilometres from the inland city’s CBD but is also home to a large sporting complex and a stone’s throw from Gormans Gap trail. The property market in Kearneys Spring features a diverse range of housing options, including traditional Queenslander-style homes and modern townhouses, which enable the area to cater to various budgets and preferences.

Investors can expect steady growth and strong rental demand as the suburb continues to attract new residents seeking value for money, convenience and the flexibility of the huge variety of school options on offer, including government primary, government secondary, Catholic primary, private primary, and private secondary schools.

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