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Property investors have seen a 6% gain in FITZGIBBON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains FITZGIBBON, 4018 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 $530,000
Profits averaged 4.02% per annum over a 3-year period, due to an upward trend in home prices in FITZGIBBON, 4018.
This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
The gross rental yield in FITZGIBBON, 4018 is 4.12%.
An average of 11.08 real estate transactions take place per month in FITZGIBBON which translates to 133 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.39%||-1.63%|
|Median 3 years||12.05%||-7.38%|
|Median 5 years||20.45%||-5.81%|
|10 years average annual||2.59%||-0.79%|
|Weekly media advert. rent||$420||$360|
|Time on Market||23.3 days||77.3 days|
|Gross Rental Yield Percent||4.12%||5.63%|