Brisbane Property Market Update July 2021
This article will highlight what has been happening in the Brisbane Property Market during July 2021. ...
Property investors have seen a -14.15% drop in COOLAMON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains COOLAMON, 2701 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 $279,000
Profits averaged -1.81% per annum over a 3-year period, due to an downward trend in home prices in COOLAMON, 2701.
This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
The gross rental yield in COOLAMON, 2701 is 6.15%.
An average of 4.67 real estate transactions take place per month in COOLAMON which translates to 56 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.62%||N/A|
|Median 3 years||-5.42%||N/A|
|Median 5 years||15.05%||N/A|
|10 years average annual||2.52%||N/A|
|Weekly media advert. rent||$330||N/A|
|Time on Market||112.1 days||N/A|
|Gross Rental Yield Percent||6.15%||N/A|