The Sydney suburbs tipped to bounce back first
If investors want to capitalise on market conditions in Sydney, they may want to consider watching these key markets and their surrounding s...
The suburb’s capital gain of 19.4% for the past year is higher than average compared to its 2.93% growth within a five-year period.
Also in KENSINGTON, the median home price is sitting at $895,500, and the average rent at $450, this suggests property owners could potentially earn a 2.61% increase in gross rental yield.
Property investors have seen a 0.9% gain in KENSINGTON based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on KENSINGTON, 6151 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 19.4%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.8% growth over a ten-year period. It ranks 2588th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $895,500 | $432,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.9% | -13.6% |
| Median 12 month | 19.4% | -7.1% |
| Median 3 years | 4.74% | -13.43% |
| Median 5 years | 2.93% | -13.6% |
| 10 years average annual | 2.8% | 1.54% |
| Weekly media advert. rent | $450 | $330 |
| Time on Market | 53.8 days | 107.4 days |
| Gross Rental Yield Percent | 2.61% | 3.97% |
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