Giving property investors a an unimpressive capital gain of -1.89% for the last year, Kangaroo Flat, 3555 is the 3133th highest performer in Australia in this respect.
While Kangaroo Flat,3555 ranked number 553th in VIC for increase in median house value (annualised) increase, it is ranked 514th over the last 5 years.
Sellers are offering property buyers an average discount of -6.24% to buyers in Kangaroo Flat at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $290 mark per week – giving a return of 5.04% based on the median price in Suburb
Property investors who have had real estate in Kangaroo Flat, 3555 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.75%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kangaroo Flat has increased when compared to the 5 year average annual rate.
Property buyers and investors in Kangaroo Flat 3555 should be seeing an average reduction in asking price of around -6.38% . This means that Kangaroo Flat is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Kangaroo Flat being $237500 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 5.25%