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1 MIN READNew Government Should Change The Conversation About Investing: PIPA
The Property Investment Professionals of Australia (PIPA) has issued a firm call to the new government: prioritise the r...
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Fortitude ValleyFortitude Valley - SUBURB PROFILE REPORT
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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 $980,000
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $445.
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 730th on the list of best yielding suburbs for rental properties in QLD, posting a 2.36% return.
It also places places 1031st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $980,000 | $415,000 |
| GROWTH REPORT | ||
| Median Quarterly | -19.51% | 0% |
| Median 12 month | N/A | 2.15% |
| Median 3 years | 13.95% | 11.56% |
| Median 5 years | N/A | -0.48% |
| 10 years average annual | -5.23% | -0.16% |
| Weekly media advert. rent | $445 | $430 |
| Time on Market | 0.0 days | 78.6 days |
| Gross Rental Yield Percent | 2.36% | 5.39% |
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