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Investment Property Kearneys Spring, QLD, 4350

Suburb Snapshot

Kearneys Spring is a suburb in the Toowoomba Region of Queensland. Kearneys Spring has a population of 8,550 people and 39.42% of its occupants live in rental accommodation. The median listing price for houses is $726,000 and this has changed 10.16% over the past year and changed 32.24% over 2 years.

The median rent in Kearneys Spring for houses is $520 per week and the median rental yield is 3.72%. Stock on the market for houses/townhouses has changed 41.94% compared to last year and the average time to sell a house/townhouse is 53 days.The median listing price for units is $447,000 and this has changed 22.46% over the past year. The average unit takes 79 days to sell and the median rent for a unit in Kearneys Spring is $380 per week, producing a rental yield of 4.42%.

Supply & Demand in Kearneys Spring, Toowoomba

1.08%

Current vacancy rate


50

Rental stock available


8,550

Population


39.42%

Rental population


0.70%

Current vacancy rate


580

Rental stock available


160,777

Population


27.69%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Kearneys Spring, Toowoomba

  House Townhouses Units
Median listing price $726,000 $675,000 $447,000
Median price change - last quarter 0.57% 8.01% 3.52%
Median price change - 1 year 10.16% 18.42% 22.46%
Median price change - 2 years 32.24% 65.84% 33.43%
  House Townhouses Units
Median weekly rent $520 $450 $380
Median yield % 3.72% 3.46% 4.42%
Median rent change - 1 year 5.05% 9.75% 0.00%
  House Units
Previous month sales 6 3
Stock on market previous month 44 14
Stock variance vs. last year 41.94% -30.00%
Average days on market 53 79

Kearneys Spring investment property listings

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