QLD has seen average median house prices change by 2.39% which means that Kenmore, 4069 has done well for property investors by showing a capital gain of 6.89% over the last year
Taking the average capital gain, or increase in median house value, Kenmore,4069 has racked up an average of 6.89% over the period. This ranks it number 1971th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Kenmore is offering property investors an average of -7.16. This rate of discount on properties puts Suburb at number 521th in terms of most discounted suburbs in QLD
Kenmore, 4069’s gross rental yield is 3.84%
Property investors who have had real estate in Kenmore, 4069 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.81%
While Kenmore,4069 ranked number 294th in QLD for increase in median house value (annualised) increase, it is ranked 132th over the last 5 years.
Kenmore4069 is located in QLD which offers an average discount of -6.15% to property investors. Kenmore itself is showing figures that indicate -9.49% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Kenmore the average time real estate has been on the market is 102.57 days.
Using the current median advertised rental of $515 and the average annual increase in value of a median property of 6.25%, investors should hope to achieve an overall return of 4.30%