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Fortitude Valley

Suburb Profile

Fortitude Valley - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4006

house
unit

It also 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 $860,000

The augmented property values in the suburb are trailing behind the territorial average of 0.76% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $516.5.

Home owners selling their properties and realtors in FORTITUDE VALLEY usually have to wait an average of 0.0 days days before their assets are lifted off the market.

The QLD suburb ranks 754th on the list of best yielding suburbs for rental properties in QLD, posting a 3.12% return.

It also places places 7th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $860,000 $380,000
GROWTH REPORT
Median Quarterly 19.44% 0.13%
Median 12 month -2.27% 0.53%
Median 3 years -36.72% -13.83%
Median 5 years N/A -13.25%
10 years average annual -2.27% -0.34%
Weekly media advert. rent $516.5 $420
Time on Market 0.0 days 98.6 days
Gross Rental Yield Percent 3.12% 5.75%
demographics (median values)
Total Population
5084
Weekly Household Income
1158
Household Size
1.80
demographics
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