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Nathan Newlan

Mortgage Broker Kangaroo Flat

 

Kangaroo Flat is a suburb of Bendigo, located in Victoria, with a population of roughly 12,000. It is located 5 kilometres southwest of the Bendigo CBD, neighbouring with Golden Square, Big Hill, and Lockwood.

 

Buying a property in Kangaroo Flat? We can help secure you the right finance

The Median house sale price range is $515,000 with a 45% increase in the last 4 years (March 2020-March 2024), the corresponding previous 4 years showed an 18% rise.

Property investors have seen a 1.55% gain in KANGAROO FLAT based on an increase in median home prices for the past three months.

Profits averaged 8.67% per annum over a 3-year period, due to an upward trend in home prices in KANGAROO FLAT, 3555.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

The gross rental yield in KANGAROO FLAT, 3555 is 4.61%.

An average of 14 real estate transactions take place per month in KANGAROO FLAT which translates to 168 per annum.

Investors saw the median unit price rise to $392,500. This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)



Talk to Nathan Newlan, your local Mortgage Choice Broker. Let us research and compare more than 30 lenders for you.

 

 

Start your home loan journey today

 

Try our home loan calculator here.

 

 

The right home loan for your needs

Our mission is to find the right home loan for your individual needs and always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation.

 

Contact Nathan Newlan and the team at Mortgage Choice on 03 5441 3600 or email nathan.newlan@mortgagechoice.com.au

 


The right home loan for your needs

Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~

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