Property investors have seen a 1.03% gain in BRACKEN RIDGE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BRACKEN RIDGE, 4017 saw average growth in the long term.
The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $492,000
Profits averaged 5.9% per annum over a 3-year period, due to an upward trend in home prices in BRACKEN RIDGE, 4017.
This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
The gross rental yield in BRACKEN RIDGE, 4017 is 4.54%.
An average of 22.92 real estate transactions take place per month in BRACKEN RIDGE which translates to 275 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.58%||-10.3%|
|Median 3 years||17.7%||5.63%|
|Median 5 years||25.35%||5.47%|
|10 years average annual||3.72%||0.98%|
|Weekly media advert. rent||$430||$365|
|Time on Market||45.9 days||82.9 days|
|Gross Rental Yield Percent||4.54%||5.62%|