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Kearneys SpringKearneys Spring - SUBURB PROFILE REPORT
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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 Price | $410,000 | $289,500 |
| GROWTH REPORT | ||
| Median Quarterly | 1.23% | -1.53% |
| 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% |
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