REDBANK PLAINS 
2 MIN READThe Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
Read More
KerangKerang - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 0% 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 19.9%.
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 $235,000
Profits averaged 10.92% 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 $259.75 based on current median home prices for the suburb.
The gross rental yield in KERANG, 3579 is 5.75%.
An average of 10.92 real estate transactions take place per month in KERANG which translates to 131 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $235,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 19.9% | N/A |
| Median 3 years | 32.77% | N/A |
| Median 5 years | 38.64% | N/A |
| 10 years average annual | 5.21% | N/A |
| Weekly media advert. rent | $259.75 | N/A |
| Time on Market | 87.9 days | N/A |
| Gross Rental Yield Percent | 5.75% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
