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Property investors enjoyed capital gains of 4% over the last 12 months in FORTITUDE VALLEY, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that FORTITUDE VALLEY, 4006 obtained a -0.26% decrease over a ten-year period. It ranks 1639th on our list of suburbs that property investors should look into.
FORTITUDE VALLEY, 4006 has a capital gain of 4% for the past year, which is higher than average compared to its -16.4% growth within a five-year period.
With the median home price in FORTITUDE VALLEY sitting at $390,000, and the average rent at $420, property owners could potentially earn a 5.6% increase in gross rental yield.
A 4% increase in median property prices in FORTITUDE VALLEY, 4006 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 100th.
Figures from the previous quarter show that capital gains for real estate buyers in FORTITUDE VALLEY are high, as opposed to average gains per annum over the past five years.
FORTITUDE VALLEY, 4006 in QLD belongs to the local government area of Brisbane (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $390,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 0.13% |
| Median 12 month | N/A | 4% |
| Median 3 years | N/A | -6.19% |
| Median 5 years | N/A | -16.4% |
| 10 years average annual | N/A | -0.26% |
| Weekly media advert. rent | N/A | $420 |
| Time on Market | N/A | 94.6 days |
| Gross Rental Yield Percent | N/A | 5.6% |
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