At number 3534th in the list of Australian suburbs ordered by increase in median house value over the last year, Kirwan, 4817 is in the BOTTOM 20% with a property value increase of -5.19% recorded in median house prices.
If we look at median property appreciation over just the last three months, Kirwan has given property investors a paper return of 0.00%. This puts Suburb as 471 on a list of fastest fasting appreciating 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 Kirwan, 4817. Typically our figures indicate that -9.29% is being offered, which puts this QLD suburb at 467th most discounted overall in Australia.
Often selling an investment property can take time, and in Kirwan the average time real estate has been on the market is 90.84 days.
The QLD suburb of Kirwan, 4817 is in the Townsville local government area.
Kirwan, 4817 ranked 275th in QLD when comparing growth in median property values or capital gain over the last 12 months. Kirwan is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Kirwan,4817 has racked up an average of -3.85% over the period. This ranks it number 1523th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Kirwan 4817 should be seeing an average reduction in asking price of around -13.81% . This means that Kirwan is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 1.25%, investors should hope to achieve an overall return of 6.03%