VIC/
Kerang

Suburb Profile

Kerang - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3579

house

Property investors have seen a -6.43% drop in KERANG based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains KERANG, 3579 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 $163,750

Profits averaged 4.97% per annum over a 3-year period, due to an upward trend in home prices in KERANG, 3579.

This means, real estate investors could earn a rental income of $200 based on current median home prices for the suburb.

The gross rental yield in KERANG, 3579 is 6.35%.

An average of 5.58 real estate transactions take place per month in KERANG which translates to 67 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $163,750 N/A
GROWTH REPORT
Median Quarterly -6.43% N/A
Median 12 month 3.97% N/A
Median 3 years 14.91% N/A
Median 5 years 2.34% N/A
10 years average annual 1.76% N/A
Weekly media advert. rent $200 N/A
Time on Market 129.6 days N/A
Gross Rental Yield Percent 6.35% N/A
demographics (median values)
Total Population
3780
Weekly Household Income
639.7
Household Size
2.30
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