Over the last year, property investments in Kealba, 3021 have given investors a capital gain of 7.70%. This compares averagely with the 7.80% for VIC as a whole.
Across a shorter period, Kealba, 3021 has seen a median price increase of 0.81% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Kealba is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 486th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $332.5 and the average annual increase in value of a median property of 6.52%, investors should hope to achieve an overall return of 3.99%