Kennington is in the bottom 30% in VIC when comparing median price capital growth over the last year. Kennington gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.83%.
Comparing Kennington,3550 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Kennington 3550 should be seeing an average reduction in asking price of around -6.21% . This means that Kennington is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Kennington the average time real estate has been on the market is 78.61 days.
Situated 129.97km from the CBD, Kennington is one of Greater Bendigo localities in the postcode 3550.
Kennington has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -6.48% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Kennington comes in at number 343th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Kennington itself are offering an average vendor discount of -8.64% to real estate investors.