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Facing the prospect of an official rate cut soon, the major banks have been cutting their home loan rates out of cycle. Which of the popular...
QUEENSCLIFF, 2096 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $4,112,500.
QUEENSCLIFF now ranks at the 145th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $925 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In QUEENSCLIFF, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 15 properties were sold in QUEENSCLIFF during the past year, making it the 1164th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $4,112,500 | $1,052,500 |
| GROWTH REPORT | ||
| Median Quarterly | 5.18% | -0.24% |
| Median 12 month | N/A | -2.55% |
| Median 3 years | N/A | 29.78% |
| Median 5 years | N/A | 47.1% |
| 10 years average annual | N/A | 8.31% |
| Weekly media advert. rent | $925 | $685 |
| Time on Market | 0.0 days | 37.4 days |
| Gross Rental Yield Percent | 1.17% | 3.38% |
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