The top 50 regions of growing and declining dwelling value
New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...
Property investors have seen a -0.6% 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 $165,000
Profits averaged 3.33% 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 $210 based on current median home prices for the suburb.
The gross rental yield in KERANG, 3579 is 6.62%.
An average of 6.92 real estate transactions take place per month in KERANG which translates to 83 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $165,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.6% | N/A |
| Median 12 month | -5.71% | N/A |
| Median 3 years | 10% | N/A |
| Median 5 years | 8.55% | N/A |
| 10 years average annual | 1.84% | N/A |
| Weekly media advert. rent | $210 | N/A |
| Time on Market | 128.9 days | N/A |
| Gross Rental Yield Percent | 6.62% | N/A |
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