Property investors who have had real estate in Kensington Grove, 4341 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.94%
Kensington Grove,4341 has offered an average of -1.94% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Kensington Grove is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 629th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Kensington Grove the average time real estate has been on the market is 72.8276 days.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.91%, without taking into account capital value appreciation, which has been averaging out at 3.36%.