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1 MIN READDemand For Homes Stays High In 1 State While The Rest Fall Back
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ClontarfClontarf - SUBURB PROFILE REPORT
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Property investors have seen a 9.13% gain in CLONTARF based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on CLONTARF, 4019 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 33.85%.
Based on its average 5-year and quarterly capital gains CLONTARF, 4019 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 $642,500
Profits averaged 13.22% per annum over a 3-year period, due to an upward trend in home prices in CLONTARF, 4019.
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 CLONTARF, 4019 is 3.56%.
An average of 15.33 real estate transactions take place per month in CLONTARF which translates to 184 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $642,500 | $440,000 |
| GROWTH REPORT | ||
| Median Quarterly | 9.13% | 1.73% |
| Median 12 month | 33.85% | 21.02% |
| Median 3 years | 39.67% | 35.38% |
| Median 5 years | 54.08% | 24.65% |
| 10 years average annual | 7.11% | 3.82% |
| Weekly media advert. rent | $440 | $340 |
| Time on Market | 24.3 days | 59.0 days |
| Gross Rental Yield Percent | 3.56% | 4.02% |
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