Hidden Brisbane property gem revealed
An under-the-radar suburb in a heating up Brisbane market has been tipped to be the next hotspot for real estate investors, according to ind...
The suburb’s capital gain of -3.47% for the past year is lower than average compared to its 24.11% growth within a five-year period.
Also in HINCHINBROOK, the median home price is sitting at $695,000, and the average rent at $490, this suggests property owners could potentially earn a 3.67% increase in gross rental yield.
Property investors have seen a 2.21% gain in HINCHINBROOK 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 6.32% growth over a ten-year period. It ranks 1010th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.47%||N/A|
|Median 3 years||1.98%||N/A|
|Median 5 years||24.11%||N/A|
|10 years average annual||6.32%||N/A|
|Weekly media advert. rent||$490||N/A|
|Time on Market||77.9 days||N/A|
|Gross Rental Yield Percent||3.67%||N/A|
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