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Median values are calculated based on data over a 12 month period.

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Market Report

In Kearneys Spring, the median property price for a house is currently 661,000 with annual capital growth of 8.36 . There were 166 house sales in the past 12 months. On average, houses spend 12 days on market.

If you're thinking about buying an investment property in Kearneys Spring, consider that rental yields for houses are currently 4.45 with an average median rent of 530 weekly. Houses have seen 0.15 growth in the past quarter, and 8.36 growth in the past 12 months.

The size of Kearneys Spring is approximately 6.5 square kilometres. It has 22 parks covering nearly 15.1% of total area. The population of Kearneys Spring in 2011 was 7,347 people. By 2016 the population was 8,557 showing a population growth of 16.5% in the area during that time. The predominant age group in Kearneys Spring is 20-29 years.

Households in Kearneys Spring are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kearneys Spring work in a professional occupation. In 2011, 51.6% of the homes in Kearneys Spring were owner-occupied compared with 49.1% in 2016.

In Kearneys Spring, the median property price for a unit is currently 410,000 with annual capital growth of 17.14 . There were 71 unit sales in the past 12 months. On average, units spend 16 days on market.

If you're thinking about buying an investment property in Kearneys Spring, consider that rental yields for units are currently 5.34 with an average median rent of 400 weekly. Units have seen 4.86 growth in the past quarter, and 17.14 growth in the past 12 months.

The size of Kearneys Spring is approximately 6.5 square kilometres. It has 22 parks covering nearly 15.1% of total area. The population of Kearneys Spring in 2011 was 7,347 people. By 2016 the population was 8,557 showing a population growth of 16.5% in the area during that time. The predominant age group in Kearneys Spring is 20-29 years.

Households in Kearneys Spring are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kearneys Spring work in a professional occupation. In 2011, 51.6% of the homes in Kearneys Spring were owner-occupied compared with 49.1% in 2016.

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Key Market Data House Unit
Median price 661,000 410,000
Quarterly growth +0.15 +4.86
12-month growth +8.36 +17.14
Average annual growth +11.83 +5.99
Weekly median rent 530 400
Gross rental yield 4.45 5.34
Number of Sales (12m) 166 71
Avg. Days on Market (12m) 12 16
Jump to Market Trends
Key Demographics 2011 2016
Total population 7,347 8,557
Population change (5y) +7.02 +16.50
Median household income (p/w) 943 1,123
Household income change (5y) +14.30 +19.09
Median age of persons 35 36
Jump to Demographics Trends
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