On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in TENERIFFE.
TENERIFFE, 4005 ranks 866th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 827th on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
Property investors have seen a -0.84% drop in TENERIFFE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TENERIFFE, 4005 saw average growth in the long term.
TENERIFFE, 4005 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $590,000.
Profits due to an upward trend in home prices in TENERIFFE, 4005 averaged 0.87% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
The gross rental yield in TENERIFFE, 4005 is 4.23%.
An average of 12.92 real estate transactions take place per month in TENERIFFE which translates to 155 per annum.
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