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 0.89% gain in GILGANDRA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GILGANDRA, 2827 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 $170,000
Profits averaged 5.41% per annum over a 3-year period, due to an upward trend in home prices in GILGANDRA, 2827.
This means, real estate investors could earn a rental income of $275 based on current median home prices for the suburb.
The gross rental yield in GILGANDRA, 2827 is 8.41%.
An average of 5.67 real estate transactions take place per month in GILGANDRA which translates to 68 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.25%||N/A|
|Median 3 years||16.24%||N/A|
|Median 5 years||-4.23%||N/A|
|10 years average annual||1.61%||N/A|
|Weekly media advert. rent||$275||N/A|
|Time on Market||101.1 days||N/A|
|Gross Rental Yield Percent||8.41%||N/A|