Figures from the previous quarter show that capital gains for real estate buyers in KEW are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $1200 based on current median home prices for the suburb.
On average, rents on listings have reached the $1200 mark, reflecting a 2.4% increase in returns based on the current median price in KEW.
KEW, 3101 ranks 638th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 540th on the list of best yielding suburbs for rental properties in VIC, posting a 2.4% return.
Property investors have seen a -1.23% drop in KEW based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KEW, 3101 saw average growth in the long term.
KEW, 3101 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,002,500.
Profits due to an upward trend in home prices in KEW, 3101 averaged 3.67% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.
The gross rental yield in KEW, 3101 is 3.37%.
An average of 15.58 real estate transactions take place per month in KEW which translates to 187 per annum.