VIC has seen average median house prices change by 8.96% which means that Kennington, 3550 has done well for property investors by showing a capital gain of 0.04% over the last year
Comparing Kennington,3550 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Kennington, 3550 is offering VIC ‘s 185th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.
Property investors should expect to get $300 weekly from the median priced house in this suburb.
Investment property in Kennington 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 7.76%
The five-year average increase in median property values for Kennington,3550 has given property investors a potential capital gain of 15.21% across each of those five years.
Vendor discounting in Kennington is giving property investors an average Vendor Discount of around -7.75%. This puts suburb at number 21th in VIC when ranking the most discounted suburbs.
Kennington, 3550’s gross rental yield is 5.20%