Property value increases in Kirwan have tracked just higher than the QLD average of 0.88% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Kirwan comes in at number 732th in QLD.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Kirwan itself are offering an average vendor discount of -8.62% to real estate investors.
Advertised rents are around the $350 mark per week – giving a return of 5.90% based on the median price in Suburb
Property investors who have had real estate in Kirwan, 4817 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 25.93%
A -27.14% growth in median value for property investors in Kirwan,4817 puts this suburb at number 54th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Kirwan is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Kirwan the average time real estate has been on the market is 93.55 days.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 6.88%, without taking into account capital value appreciation, which has been averaging out at -2.07%.