Suburb Profile
Kerang - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3579
Property investors have seen a 0.93% gain in KERANG based on an increase 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 $163,500
Profits averaged 3% 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 $230 based on current median home prices for the suburb.
The gross rental yield in KERANG, 3579 is 7.31%.
An average of 6.08 real estate transactions take place per month in KERANG which translates to 73 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $163,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.93% | N/A |
| Median 12 month | -3.54% | N/A |
| Median 3 years | 9% | N/A |
| Median 5 years | 2.19% | N/A |
| 10 years average annual | 2.42% | N/A |
| Weekly media advert. rent | $230 | N/A |
| Time on Market | 127.3 days | N/A |
| Gross Rental Yield Percent | 7.31% | N/A |
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