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...
A 36.36% increase in median property prices in FEDERAL, 2480 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 52nd.
A steady increase in median property prices over a five-year period in the suburb translates to a 38.57% capital gain.
It also 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 $1,500,000
The augmented property values in the suburb are trailing above the territorial average of 12.41% in 2016.
Home owners selling their properties and realtors in FEDERAL usually have to wait an average of 51.9 days days before their assets are lifted off the market.
The NSW suburb ranks 1453rd on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
It also places places 2nd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||36.36%||N/A|
|Median 3 years||38.57%||N/A|
|Median 5 years||57.89%||N/A|
|10 years average annual||12.05%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||51.9 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|