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Kenwick

Suburb Profile

Kenwick - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6107

house

KENWICK, 6107 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 $300,000.

Profits due to an downward trend in home prices in the suburb averaged -7.36% per annum over a 3-year period.

KENWICK now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in KENWICK are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $300 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KENWICK, homes and units usually stay on listing for an average of 89.4 days.

In 2016, 61 properties were sold in KENWICK during the past year, making it the 99th most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $300,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month -9.23% N/A
Median 3 years -22.08% N/A
Median 5 years -29.41% N/A
10 years average annual -0.42% N/A
Weekly media advert. rent $300 N/A
Time on Market 89.4 days N/A
Gross Rental Yield Percent 5.2% N/A
demographics (median values)
Total Population
5150
Weekly Household Income
929.5
Household Size
2.70
demographics
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