KENNINGTON 3550
State: VICPosiProp AI Investment Summary
KENNINGTON (VIC 3550) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.4% and has experienced a 12-month capital growth of Up 11.7%, with a median house buy price of $657,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$500,000
$643,000
$840,000
$657,000
Suburb Market Profile
Last month Kennington had 22 properties available for rent and 38 properties for sale. Median property prices over the last year range from $657,000 for houses to $467,000 for units. If you are looking for an investment property, consider houses in Kennington rent out for $518 PW with an annual rental yield of 4.4% and units rent for $430 PW with a rental yield of 4.7%. Kennington has seen an annual compound growth rate of 11.7% for houses and 12.7% for units.
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