Investment property in Kyneton has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.06%
Across a shorter period, Kyneton, 3444 has seen a median price increase of 0.00% over the last quarter.
Sellers are offering property buyers an average discount of -6.09% to buyers in Kyneton at the moment, which is less than average for the rest of VIC.
With the median price for a house in Kyneton being $455000 and the advertised rent reaching $367.5 the gross rental yield for property investors calculates out to be 4.20%
VIC has seen average median house prices change by 3.49% which means that Kyneton, 3444 has done well for property investors by showing a capital gain of 13.67% over the last year
Kyneton,3444 was ranked 541 in Australia by increase in median property value over the quarter.
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 Kyneton, 3444. Typically our figures indicate that -4.14% is being offered, which puts this VIC suburb at 1056th most discounted overall in Australia.
Often selling an investment property can take time, and in Kyneton the average time real estate has been on the market is 69 days.