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Kearneys SpringKearneys Spring - SUBURB PROFILE REPORT
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The suburb’s capital gain of 10% for the past year is higher than average compared to its 13.7% growth within a five-year period.
Also in KEARNEYS SPRING, the median home price is sitting at $440,000, and the average rent at $415, this suggests property owners could potentially earn a 4.9% increase in gross rental yield.
Property investors have seen a 2.33% 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 2.85% growth over a ten-year period. It ranks 3219th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $440,000 | $293,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.33% | 1.21% |
| Median 12 month | 10% | 3.17% |
| Median 3 years | 11.11% | 2.81% |
| Median 5 years | 13.7% | 0% |
| 10 years average annual | 2.85% | 1.75% |
| Weekly media advert. rent | $415 | $310 |
| Time on Market | 24.0 days | 82.8 days |
| Gross Rental Yield Percent | 4.9% | 5.5% |
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