8 tips when researching your next dream purchase
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The suburb’s capital gain of -0.85% for the past year is lower than average compared to its -1.4% growth within a five-year period.
Also in KENSINGTON, the median home price is sitting at $880,000, and the average rent at $450, this suggests property owners could potentially earn a 2.66% increase in gross rental yield.
Property investors have seen a -0.9% drop in KENSINGTON based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.55% growth over a ten-year period. It ranks 2658th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $880,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.9% | N/A |
| Median 12 month | -0.85% | N/A |
| Median 3 years | 2.92% | N/A |
| Median 5 years | -1.4% | N/A |
| 10 years average annual | 2.55% | N/A |
| Weekly media advert. rent | $450 | N/A |
| Time on Market | 54.8 days | N/A |
| Gross Rental Yield Percent | 2.66% | N/A |
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