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 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%|