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Property investors have seen a 1.61% 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 $472,500
Profits averaged 3.73% 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 $405 based on current median home prices for the suburb.
The gross rental yield in FITZGIBBON, 4018 is 4.46%.
An average of 8.33 real estate transactions take place per month in FITZGIBBON which translates to 100 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $472,500 | $350,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.61% | N/A |
| Median 12 month | 5% | -5.41% |
| Median 3 years | 11.18% | -2.23% |
| Median 5 years | 24.75% | 11.46% |
| 10 years average annual | 1.75% | 1.33% |
| Weekly media advert. rent | $405 | $350 |
| Time on Market | 55.0 days | 96.0 days |
| Gross Rental Yield Percent | 4.46% | 5.2% |
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