Kennington, 3550 ranked 462th 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
The five-year average increase in median property values for Kennington,3550 has given property investors a potential capital gain of 16.37% across each of those five years.
At number 213th of VIC’s most discounted properties, Kennington is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Kennington, 3550’s gross rental yield is 4.40%
Over the last year, property investments in Kennington, 3550 have given investors a capital gain of 0.64%. This compares badly with the 3.49% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Kennington,3550 has racked up an average of 0.64% over the period. This ranks it number 1438th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Kennington 3550 should be seeing an average reduction in asking price of around -8.13% . 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 93.12 days.