Over the last year, property investments in Kearneys Spring, 4350 have given investors a capital gain of 2.66%. This compares averagely with the 2.39% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Kearneys Spring,4350 has racked up an average of 2.66% over the period. This ranks it number 2656th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.66% to buyers in Kearneys Spring at the moment, which is less than average for the rest of QLD.
Kearneys Spring, 4350’s gross rental yield is 4.58%
Property value increases in Kearneys Spring have tracked lower than the QLD average of 0.48% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Kearneys Spring comes in at number 263th in QLD.
LACK OF BUYER INTEREST may well be the reason that Kearneys Spring is offering property investors an average of -6.15. This rate of discount on properties puts Suburb at number 94th in terms of most discounted suburbs in QLD
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.11%, without taking into account capital value appreciation, which has been averaging out at 3.27%.