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 9.87% gain in MOLONG based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MOLONG, 2866 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 $345,000
Profits averaged 4.68% per annum over a 3-year period, due to an upward trend in home prices in MOLONG, 2866.
This means, real estate investors could earn a rental income of $325 based on current median home prices for the suburb.
The gross rental yield in MOLONG, 2866 is 4.9%.
An average of 7.08 real estate transactions take place per month in MOLONG which translates to 85 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-7.26%||N/A|
|Median 3 years||14.05%||N/A|
|Median 5 years||38%||N/A|
|10 years average annual||2.9%||N/A|
|Weekly media advert. rent||$325||N/A|
|Time on Market||87.5 days||N/A|
|Gross Rental Yield Percent||4.9%||N/A|