Investment property in Kearneys Spring has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.62%
A 17.56% growth in median value for property investors in Kearneys Spring,4350 puts this suburb at number 242th in terms of best performing suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Kearneys Spring itself are offering an average vendor discount of -4.23% to real estate investors.
Advertised rents are around the $340 mark per week – giving a return of 4.59% based on the median price in Suburb
Kearneys Spring is in the bottom 40% in QLD when comparing median price capital growth over the last year. Kearneys Spring gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.64%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kearneys Spring has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kearneys Spring, 4350. Typically our figures indicate that -7.32% is being offered, which puts this QLD suburb at 225th most discounted overall in Australia.