Kennington, 3550 ranked 338th in VIC when comparing growth in median property values or capital gain over the last 12 months. Kennington is one of 2098 in our list for VIC
Across a shorter period, Kennington, 3550 has seen a median price increase of 2.04% over the last quarter.
Property buyers and investors in Kennington 3550 should be seeing an average reduction in asking price of around -6.00% . This means that Kennington is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Kennington being $354852 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.40%
Kennington is in the TOP 10% in VIC when comparing median price capital growth over the last year. Kennington gave property investors a very good capital gain figure when compared to the rest of the state, with 23.15%.
While Kennington,3550 ranked number 41th in VIC for increase in median house value (annualised) increase, it is ranked 135th over the last 5 years.
Kennington3550 is located in VIC which offers an average discount of -5.27% to property investors. Kennington itself is showing figures that indicate -7.96% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $250 weekly from the median priced house in this suburb.