Property investors have seen a -0.5% drop in KANGAROO FLAT based on a decrease 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 $301,000
Profits averaged -0.44% per annum over a 3-year period, due to an downward trend in home prices in KANGAROO FLAT, 3555.
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in KANGAROO FLAT, 3555 is 5.01%.
An average of 16.08 real estate transactions take place per month in KANGAROO FLAT which translates to 193 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $301,000 | $234,250 |
| GROWTH REPORT | ||
| Median Quarterly | -0.5% | -1.37% |
| Median 12 month | -1.31% | 0.54% |
| Median 3 years | -1.31% | 0.11% |
| Median 5 years | 9.45% | 17.13% |
| 10 years average annual | 3.29% | 3.33% |
| Weekly media advert. rent | $290 | $240 |
| Time on Market | 94.3 days | 73.7 days |
| Gross Rental Yield Percent | 5.01% | 5.33% |
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