Property market update: Brisbane, August 2020
While most major capital city markets have been seen suffering from the consequences of the COVID-19 outbreak, Brisbane has been deemed by e...
The suburb’s capital gain of 1.93% for the past year is lower than average compared to its 17.81% growth within a five-year period.
Also in GOWRIE, the median home price is sitting at $635,000, and the average rent at $530, this suggests property owners could potentially earn a 4.34% increase in gross rental yield.
Property investors have seen a 1.6% gain in GOWRIE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.42% growth over a ten-year period. It ranks 2184th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $635,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.6% | N/A |
| Median 12 month | 1.93% | N/A |
| Median 3 years | 12.19% | N/A |
| Median 5 years | 17.81% | N/A |
| 10 years average annual | 3.42% | N/A |
| Weekly media advert. rent | $530 | N/A |
| Time on Market | 45.0 days | N/A |
| Gross Rental Yield Percent | 4.34% | N/A |
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