With a capital gain of -4.36% for the last 12 months, Kirwan, 4817 has performed for property investments than its average annual -0.22% property growth over the last 5 years.
Over the longer term, Kirwan has seen property prices show investors a -10.42% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Kirwan 4817 should be seeing an average reduction in asking price of around -9.04% . This means that Kirwan is holding prices well when compared to other suburbs in QLD.
Kirwan, 4817’s gross rental yield is 5.40%
Over the last year, property investments in Kirwan, 4817 have given investors a capital gain of 6.93%. This compares favourably with the 0.74% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Kirwan,4817 has racked up an average of 6.93% over the period. This ranks it number 1620th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Kirwan should be aiming for at least -10.92% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $287.5 and the average annual increase in value of a median property of 0.20%, investors should hope to achieve an overall return of 6.15%