Port Kennedy is an average performer in WA when comparing median price capital growth over the last year. Port Kennedy gave property investors a good capital gain figure when compared to the rest of the state, with -2.85%.
The five-year average increase in median property values for Port Kennedy,6172 has given property investors a potential capital gain of 2.83% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Port Kennedy is offering property investors an average of -8.04. This rate of discount on properties puts Suburb at number 195th in terms of most discounted suburbs in WA
At number 2898 in a list of fastest selling suburbs, Port Kennedy is in the bottom 30% of suburbs in Australia with an average of days on market 109.22 for properties listed there.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.81%, without taking into account capital value appreciation, which has been averaging out at 2.02%.