Property Market Update: Brisbane, August 2021
Brisbane property prices went against the grain in August, delivering steady gains as its bigger capital city peers face...
Property investors have seen a 4.29% gain in KURRI KURRI based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on KURRI KURRI, 2327 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 21.43%.
Based on its average 5-year and quarterly capital gains KURRI KURRI, 2327 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $425,000
Profits averaged 7.32% per annum over a 3-year period, due to an upward trend in home prices in KURRI KURRI, 2327.
This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in KURRI KURRI, 2327 is 4.65%.
An average of 10.75 real estate transactions take place per month in KURRI KURRI which translates to 129 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||21.43%||-0.39%|
|Median 3 years||21.95%||12.39%|
|Median 5 years||45.55%||22.12%|
|10 years average annual||6.09%||4.18%|
|Weekly media advert. rent||$380||$300|
|Time on Market||52.9 days||73.3 days|
|Gross Rental Yield Percent||4.65%||4.91%|