The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $550,000.
The upward trend in home prices in KYNETON, 3444 averaged 10.32% per annum over a 3-year period.
Average weekly rents on listings have reached the $410 mark, reflecting a 3.88% increase in returns based on the current median price in KYNETON.
An average of 10.5 real estate transactions take place per month in KYNETON which translates to 126 per annum.
126 properties were sold in KYNETON in 2016, making it the 647th most active market in VIC based on total real estate transactions.
KYNETON, 3444 places 139th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $550,000 | $397,500 |
| GROWTH REPORT | ||
| Median Quarterly | 2.8% | -0.38% |
| Median 12 month | 11.11% | 0.89% |
| Median 3 years | 30.95% | 22.31% |
| Median 5 years | 48.65% | 43.24% |
| 10 years average annual | 8.28% | 6.57% |
| Weekly media advert. rent | $410 | $330 |
| Time on Market | 61.6 days | 0.0 days |
| Gross Rental Yield Percent | 3.88% | 4.32% |
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
Multiple industry body heads have accepted SQM’s updated modelling of what the property market could look like under Labor’s proposed ne...
Analysis of recent ABS data has shown that the decline in overseas migration eased over the recent quarter, which is important for property....
There is a significant amount of tax dollars that have gone missing through the Airbnb gig economy, as hosts are failing to report side inco...
With a number of major property markets currently at a softening phase, experts encourage investors to reassess their strategies in order to...