Investment property in Kearneys Spring has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.30%
The five-year average increase in median property values for Kearneys Spring,4350 has given property investors a potential capital gain of 16.51% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Kearneys Spring itself are offering an average vendor discount of -5.44% to real estate investors.
Over the last year, property investments in Kearneys Spring, 4350 have given investors a capital gain of -10.88%. This compares very badly with the 0.29% for QLD as a whole.
A 11.67% growth in median value for property investors in Kearneys Spring,4350 puts this suburb at number 277th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Kearneys Spring is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 152th in terms of most discounted suburbs in QLD
Kearneys Spring, 4350’s gross rental yield is 5.23%