VIC has seen average median house prices change by 3.76% which means that Kerang, 3579 has done well for property investors by showing a capital gain of 10.94% over the last year
The five-year average increase in median property values for Kerang,3579 has given property investors a potential capital gain of 21.58% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Kerang is offering property investors an average of -5.61. This rate of discount on properties puts Suburb at number 41th in terms of most discounted suburbs in VIC
At number 3467 in a list of fastest selling suburbs, Kerang is in the bottom 10% of suburbs in Australia with an average of days on market 115.71 for properties listed there.
With the median price for a house in Kerang being $177500 and the advertised rent reaching $200 the gross rental yield for property investors calculates out to be 5.86%