Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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Property investors have seen a 2.57% gain in KANGAROO FLAT based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KANGAROO FLAT, 3555 saw average growth in the long term.
The VIC 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 $343,625
Profits averaged 4.88% per annum over a 3-year period, due to an upward trend in home prices in KANGAROO FLAT, 3555.
This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
The gross rental yield in KANGAROO FLAT, 3555 is 5.15%.
An average of 15.67 real estate transactions take place per month in KANGAROO FLAT which translates to 188 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $343,625 | $243,500 |
| GROWTH REPORT | ||
| Median Quarterly | 2.57% | 1.46% |
| Median 12 month | 7.38% | 3.07% |
| Median 3 years | 14.64% | 0.93% |
| Median 5 years | 14.54% | 10.68% |
| 10 years average annual | 3.48% | 3.31% |
| Weekly media advert. rent | $340 | $272.5 |
| Time on Market | 51.5 days | 75.8 days |
| Gross Rental Yield Percent | 5.15% | 5.82% |
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