Investment property in Kangaroo Flat has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.59%
When looking at the potential capital gains offered to property investors over the last 3 years, Kangaroo Flat comes in at number 621th in VIC.
Property investors looking for a bargain in Kangaroo Flat should be aiming for at least -6.53% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Kangaroo Flat being $299750 and the advertised rent reaching $287.5 the gross rental yield for property investors calculates out to be 4.99%
Kangaroo Flat has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -0.40% to date .
If we look at median property appreciation over just the last three months, Kangaroo Flat has given property investors a paper return of -1.20%. This puts Suburb as 258 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Kangaroo Flat 3555 should be seeing an average reduction in asking price of around -6.30% . This means that Kangaroo Flat is holding prices well when compared to other suburbs in VIC.