Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
A survey of average capital gains or median home price increase in suburbs across the country shows that KENT TOWN, 5067 obtained a 7.36% growth over a ten-year period. It ranks 287th on our list of suburbs that property investors should look into.
KENT TOWN, 5067 has a capital gain of -14.24% for the past year, which is lower than average compared to its 10.45% growth within a five-year period.
With the median home price in KENT TOWN sitting at $560,000, and the average rent at $445, property owners could potentially earn a 4.13% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KENT TOWN are low, as opposed to average gains per annum over the past five years.
KENT TOWN, 5067 in SA belongs to the local government area of Norwood Payneham St Peters (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||-14.24%|
|Median 3 years||N/A||10.89%|
|Median 5 years||N/A||10.45%|
|10 years average annual||N/A||7.36%|
|Weekly media advert. rent||N/A||$445|
|Time on Market||N/A||83.0 days|
|Gross Rental Yield Percent||N/A||4.13%|