Based on its average 5-year and quarterly capital gains PORT KENNEDY, 6172 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that PORT KENNEDY, 6172 obtained a 6.77% growth over a ten-year period. It ranks 2112th on our list of suburbs that property investors should look into.
PORT KENNEDY, 6172 in WA belongs to the local government area of Rockingham.
PORT KENNEDY, 6172 has a capital gain of 9.56% for the past year, which is lower than average compared to its 111.05% growth within a five-year period.
With the median home price in PORT KENNEDY sitting at $745,000, and the average rent at $650, property owners could potentially earn a 4.54% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PORT KENNEDY are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on PORT KENNEDY, 6172 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 25.56%.
Property investors enjoyed capital gains of 25.56% over the last 12 months in PORT KENNEDY, translating to lower returns compared with its peers in WA.
PORT KENNEDY, 6172 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 $614,000.
Profits due to an upward trend in home prices in PORT KENNEDY, 6172 averaged 0% per annum over a 3-year period.
Home owners selling their properties and realtors in PORT KENNEDY usually have to wait an average of N/A days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in PORT KENNEDY.
PORT KENNEDY, 6172 places 71st in Australia based on median property value growth during the quarter.