Based on its average 5-year and quarterly capital gains KEYSBOROUGH, 3173 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that KEYSBOROUGH, 3173 obtained a 9.1% growth over a ten-year period. It ranks 164th on our list of suburbs that property investors should look into.
KEYSBOROUGH, 3173 in VIC belongs to the local government area of Greater Dandenong.
KEYSBOROUGH, 3173 has a capital gain of 12.97% for the past year, which is lower than average compared to its 84.25% growth within a five-year period.
With the median home price in KEYSBOROUGH sitting at $784,000, and the average rent at $430, property owners could potentially earn a 2.85% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KEYSBOROUGH are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on KEYSBOROUGH, 3173 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 16.33%.
A steady increase in median property prices over a five-year period in KEYSBOROUGH, 3173 translates to a 21.79% capital gain.
Property investors enjoyed capital gains of 16.33% over the last 12 months in KEYSBOROUGH, translating to lower returns compared with its peers in VIC.
KEYSBOROUGH, 3173 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 $570,000.
Profits due to an upward trend in home prices in KEYSBOROUGH, 3173 averaged 7.26% per annum over a 3-year period.
Home owners selling their properties and realtors in KEYSBOROUGH usually have to wait an average of 62.2 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $400 mark, reflecting a 3.65% increase in returns based on the current median price in KEYSBOROUGH.
KEYSBOROUGH, 3173 places 53rd in Australia based on median property value growth during the quarter.