At number 3249th in the list of Australian suburbs ordered by increase in median house value over the last year, Kennington, 3550 is in the BOTTOM 30% with a property value increase of -1.39% recorded in median house prices.
Over the longer term, Kennington has seen property prices show investors a -2.78% return over the last 3 years. This is an improvement over the last 12 months
Kennington, 3550 is offering VIC ‘s 186th 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.
In the last year 107 properties changed hands in Kennington, which puts it as the 253th most active market in VIC when comparing the number of sales per suburb.
Kennington, 3550’s gross rental yield is 4.46%
At number 339th in the list of Australian suburbs ordered by increase in median house value over the last year, Kennington, 3550 is in the top 20% with a property value increase of 13.58% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Kennington comes in at number 197th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.68% offered to property buyers. Sellers in Kennington itself are offering an average vendor discount of -6.68% to real estate investors.
At number 939 in a list of fastest selling suburbs, Kennington is in the bottom 40% of suburbs in Australia with an average of days on market 84.22 for properties listed there.