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Property investors have seen a 2.02% 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 $505,000
Profits averaged 1.27% 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 $440 based on current median home prices for the suburb.
The gross rental yield in BRACKEN RIDGE, 4017 is 4.53%.
An average of 21.5 real estate transactions take place per month in BRACKEN RIDGE which translates to 258 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $505,000 | $317,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.02% | 0.63% |
| Median 12 month | 2.02% | 2.26% |
| Median 3 years | 3.8% | -6.9% |
| Median 5 years | 18.82% | -2.02% |
| 10 years average annual | 2.03% | -0.99% |
| Weekly media advert. rent | $440 | $375 |
| Time on Market | 60.3 days | 87.6 days |
| Gross Rental Yield Percent | 4.53% | 6.15% |
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