Investment property in Kyneton has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.61%
While Kyneton,3444 ranked number 247th in VIC for increase in median house value (annualised) increase, it is ranked 426th over the last 5 years.
Kyneton3444 is located in VIC which offers an average discount of -5.00% to property investors. Kyneton itself is showing figures that indicate -5.19% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Kyneton the average time real estate has been on the market is 70.27 days.
Property investors should expect to get $390 weekly from the median priced house in this suburb.
At number 635th in the list of Australian suburbs ordered by increase in median house value over the last year, Kyneton, 3444 is in the top 40% with a property value increase of 7.84% recorded in median house prices.
While Kyneton,3444 ranked number 54th in VIC for increase in median house value (annualised) increase, it is ranked 51th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Kyneton is offering property investors an average of -4.58. This rate of discount on properties puts Suburb at number 234th in terms of most discounted suburbs in VIC
With the median price for a house in Kyneton being $399000 and the advertised rent reaching $342.5 the gross rental yield for property investors calculates out to be 4.46%