The most common hidden costs in building quotes and contracts
It’s unfortunately very common to blow the budget on building projects. One of the main reasons costs blow out is that there are hidden c...
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 $2,900,000.
QUEENSCLIFF now ranks at the 55th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $805 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, 13 properties were sold in QUEENSCLIFF during the past year, making it the 1198th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,900,000 | $985,000 |
| GROWTH REPORT | ||
| Median Quarterly | 12.4% | 3.14% |
| Median 12 month | -3.65% | 1.03% |
| Median 3 years | N/A | -8.8% |
| Median 5 years | N/A | 27.51% |
| 10 years average annual | -2.09% | 5.72% |
| Weekly media advert. rent | $805 | $660 |
| Time on Market | 0.0 days | 43.3 days |
| Gross Rental Yield Percent | 1.44% | 3.48% |
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