Property investments in NUNDAH did not fare well against the rest of the country last year, registering a median home price decrease of 4.68%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains NUNDAH, 4012 saw average growth in the long term.
Real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 47.7 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $705,000.
NUNDAH ranks 670th on the list of best yielding suburbs for rental properties in QLD, posting a 3.25% return.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an upward trend in home prices in NUNDAH, 4012 averaged 1.23% per annum over a 3-year period.
Average weekly rents on listings have reached the $380 mark, reflecting a 4.78% increase in returns based on the current median price in NUNDAH.
An average of 21.25 real estate transactions take place per month in NUNDAH which translates to 255 per annum.
255 properties were sold in NUNDAH during the past year, making it the 201st most active market in QLD based on total real estate transactions.
NUNDAH, 4012 places 282nd in Australia based on median property value growth during the quarter.
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