How rental and vacancy rates are performing in major capitals
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
BRISBANE CITY, 4000 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 $652,474.
BRISBANE CITY now ranks at the 805th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $500 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BRISBANE CITY, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 10 properties were sold in BRISBANE CITY during the past year, making it the 935th most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $652,474 | $485,000 |
| GROWTH REPORT | ||
| Median Quarterly | -15.7% | -0.52% |
| Median 12 month | N/A | -0.41% |
| Median 3 years | N/A | -2.81% |
| Median 5 years | N/A | 4.3% |
| 10 years average annual | N/A | 0.7% |
| Weekly media advert. rent | $500 | $510 |
| Time on Market | 0.0 days | 105.0 days |
| Gross Rental Yield Percent | 3.98% | 5.47% |
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