Kew is in the bottom 20% in NSW when comparing median price capital growth over the last year. Kew gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.01%.
If we look at median property appreciation over just the last three months, Kew has given property investors a paper return of 1.55%. This puts Suburb as 897 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Kew is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 593th in terms of most discounted suburbs in NSW
At number 3381 in a list of fastest selling suburbs, Kew is in the bottom 20% of suburbs in Australia with an average of days on market 130.94 for properties listed there.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 6.77%.