PROPERTY SHOWCASE: How To Be The Boss Of Your Own Property Investment Journey
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The suburb’s capital gain of 5.99% for the past year is higher than average compared to its 22.73% growth within a five-year period.
Also in HERSTON, the median home price is sitting at $932,750, and the average rent at $497.5, this suggests property owners could potentially earn a 2.77% increase in gross rental yield.
Property investors have seen a 4.16% gain in HERSTON based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5% growth over a ten-year period. It ranks 2047th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.99%||15.1%|
|Median 3 years||22.89%||28.93%|
|Median 5 years||22.73%||2.71%|
|10 years average annual||5%||2.49%|
|Weekly media advert. rent||$497.5||$387.5|
|Time on Market||66.0 days||52.7 days|
|Gross Rental Yield Percent||2.77%||3.93%|