The suburb’s capital gain of 9.89% for the past year is higher than average compared to its 6.38% growth within a five-year period.
Also in QUEANBEYAN, the median home price is sitting at $500,000, and the average rent at $440, this suggests property owners could potentially earn a 4.58% increase in gross rental yield.
Property investors have seen a 1.52% gain in QUEANBEYAN 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 4.21% growth over a ten-year period. It ranks 1978th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $500,000 | $300,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.52% | 10.09% |
| Median 12 month | 9.89% | 2.56% |
| Median 3 years | 21.95% | -6.25% |
| Median 5 years | 6.38% | -4.76% |
| 10 years average annual | 4.21% | 2.75% |
| Weekly media advert. rent | $440 | $320 |
| Time on Market | 84.0 days | 109.6 days |
| Gross Rental Yield Percent | 4.58% | 5.55% |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...