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 Price | $695,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.21% | N/A |
| 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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