Property investors have seen a 0% 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 $470,000
Profits averaged 5.98% 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 $415 based on current median home prices for the suburb.
The gross rental yield in FITZGIBBON, 4018 is 4.59%.
An average of 7.08 real estate transactions take place per month in FITZGIBBON which translates to 85 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $470,000 | $372,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 0.68% |
| Median 12 month | 8.05% | 5.97% |
| Median 3 years | 17.94% | 15.5% |
| Median 5 years | 22.08% | 0.98% |
| 10 years average annual | 3.06% | 4.49% |
| Weekly media advert. rent | $415 | $350 |
| Time on Market | 28.5 days | 75.8 days |
| Gross Rental Yield Percent | 4.59% | 4.89% |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...