At number 2145th in the list of Australian suburbs ordered by increase in median house value over the last year, Kearneys Spring, 4350 is in the BOTTOM 50% with a property value increase of 4.30% recorded in median house prices.
A 19.66% growth in median value for property investors in Kearneys Spring,4350 puts this suburb at number 594th in terms of best performing suburbs in QLD
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 -4.57% is being offered, which puts this QLD suburb at 2838th most discounted overall in Australia.
In the last year 137 properties changed hands in Kearneys Spring, which puts it as the 143th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $335 and the average annual increase in value of a median property of 3.22%, investors should hope to achieve an overall return of 4.49%
Giving property investors a a poor capital gain of -7.63% for the last year, Kearneys Spring, 4350 is the 1509th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Kearneys Spring comes in at number 237th in QLD.
Kearneys Spring4350 is located in QLD which offers an average discount of -6.14% to property investors. Kearneys Spring itself is showing figures that indicate -6.51% is the average achievable by property buyers investing in the suburb.
At number 1293 in a list of fastest selling suburbs, Kearneys Spring is in the bottom 20% of suburbs in Australia with an average of days on market 114.4 for properties listed there.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.01%, without taking into account capital value appreciation, which has been averaging out at 3.71%.