Property investors who have had real estate in Kedron, 4031 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.69%
The five-year average increase in median property values for Kedron,4031 has given property investors a potential capital gain of 30.35% across each of those five years.
Property buyers and investors in Kedron 4031 should be seeing an average reduction in asking price of around -7.49% . This means that Kedron is holding prices well when compared to other suburbs in QLD.
A $445 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 5.69%.
Kedron has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.88% to date .
Comparing Kedron,4031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Kedron is $448500, with sellers offering an average of -5.42% off the asking price.
On average over the past year, suburb has had 8.58 sales per month, which equates to 103 per year.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 4.85%, investors should hope to achieve an overall return of 4.17%