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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 $699,000 and this has changed 6.06% over the past year and changed 27.32% over 2 years.

The median rent in Kearneys Spring for houses is $530 per week and the median rental yield is 3.94%. Stock on the market for houses/townhouses has changed 78.13% compared to last year and the average time to sell a house/townhouse is 52 days.The median listing price for units is $440,000 and this has changed 26.07% over the past year. The average unit takes 108 days to sell and the median rent for a unit in Kearneys Spring is $380 per week, producing a rental yield of 4.49%.

Supply & Demand in Kearneys Spring, Toowoomba

1.06%

Current vacancy rate


49

Rental stock available


8,550

Population


39.42%

Rental population


0.66%

Current vacancy rate


542

Rental stock available


160,777

Population


27.69%

Rental population


0.87%

Current vacancy rate


20,720

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 $699,000 $572,500 $440,000
Median price change - last quarter 0.57% 8.01% 3.52%
Median price change - 1 year 6.06% 3.15% 26.07%
Median price change - 2 years 27.32% 35.66% 33.33%
  House Townhouses Units
Median weekly rent $530 $450 $380
Median yield % 3.94% 4.08% 4.49%
Median rent change - 1 year 7.07% 12.50% 0.00%
  House Units
Previous month sales 15 5
Stock on market previous month 57 15
Stock variance vs. last year 78.13% -28.57%
Average days on market 52 108

Kearneys Spring investment property listings

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