Property investors who have had real estate in Kangaroo Flat, 3555 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.21%
While Kangaroo Flat,3555 ranked number 459th in VIC for increase in median house value (annualised) increase, it is ranked 441th over the last 5 years.
Kangaroo Flat, 3555 is offering VIC ‘s 184th 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.
Residents and property investors in Kangaroo Flat have been waiting around 103.35 days to sell a property.
With the median price for a house in Kangaroo Flat being $305000 and the advertised rent reaching $287.5 the gross rental yield for property investors calculates out to be 4.90%
Giving property investors a an unimpressive capital gain of -2.97% for the last year, Kangaroo Flat, 3555 is the 1301th highest performer in Australia in this respect.
Kangaroo Flat,3555 was ranked 1160 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Kangaroo Flat is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 50th in terms of most discounted suburbs in VIC
At number 1321 in a list of fastest selling suburbs, Kangaroo Flat is in the bottom 20% of suburbs in Australia with an average of days on market 119 for properties listed there.
Kangaroo Flat, 3555’s gross rental yield is 5.09%