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 7.8%, with a median house buy price of $625,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$490,100
$620,000
$725,000
$625,000
Suburb Market Profile
Last month Kennington had 26 properties available for rent and 27 properties for sale. Median property prices over the last year range from $625,000 for houses to $504,540 for units. If you are looking for an investment property, consider houses in Kennington rent out for $520 PW with an annual rental yield of 4.4% and units rent for $420 PW with a rental yield of 4.6%. Kennington has seen an annual compound growth rate of 7.8% for houses and 14.9% for units.