Property investors who have had real estate in Kearneys Spring, 4350 should be relatively 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 -3.80%
Over the longer term, Kearneys Spring has seen property prices show investors a -2.06% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Kearneys Spring is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 652th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Kearneys Spring the average time real estate has been on the market is 63.5701 days.
Giving property investors a an average capital gain of -1.38% for the last year, Kearneys Spring, 4350 is the 834th highest performer in Australia in this respect.
While Kearneys Spring,4350 ranked number 254th in QLD for increase in median house value (annualised) increase, it is ranked 192th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kearneys Spring, 4350. Typically our figures indicate that -5.38% is being offered, which puts this QLD suburb at 670th most discounted overall in Australia.