Property investors have seen a 0.73% gain in KERANG based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on KERANG, 3579 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.29%.
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 $172,500
Profits averaged 3.64% 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 $205 based on current median home prices for the suburb.
The gross rental yield in KERANG, 3579 is 6.18%.
An average of 5.5 real estate transactions take place per month in KERANG which translates to 66 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $172,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.73% | N/A |
| Median 12 month | 11.29% | N/A |
| Median 3 years | 10.93% | N/A |
| Median 5 years | 15% | N/A |
| 10 years average annual | 1.15% | N/A |
| Weekly media advert. rent | $205 | N/A |
| Time on Market | 143.6 days | N/A |
| Gross Rental Yield Percent | 6.18% | N/A |
There is a threshold for the land value...
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