Kyneton has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.96% to date .
Comparing Kyneton,3444 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Kyneton itself are offering an average vendor discount of -6.08% to real estate investors.
Using the current median advertised rental of $407.5 and the average annual increase in value of a median property of 7.95%, investors should hope to achieve an overall return of 3.90%
Giving property investors a a stable capital gain of 3.91% for the last year, Kyneton, 3444 is the 591th highest performer in Australia in this respect.
Kyneton,3444 was ranked 493 in Australia by increase in median property value over the quarter.
Often selling an investment property can take time, and in Kyneton the average time real estate has been on the market is 18.5 days.
Kyneton is 137th on a list of best yielding suburbs for rents in VIC with a 4.30% return