Perth recovery takes COVID-19 hit
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
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Property investors have seen a 1.12% gain in CLONTARF based on an increase in median home prices for the past three months.
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 $450,000
Profits averaged 2.38% 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 $395 based on current median home prices for the suburb.
The gross rental yield in CLONTARF, 4019 is 4.56%.
An average of 12.83 real estate transactions take place per month in CLONTARF which translates to 154 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | $330,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.12% | 1.54% |
| Median 12 month | -2.17% | 1.54% |
| Median 3 years | 7.14% | -7.04% |
| Median 5 years | 19.36% | -20.96% |
| 10 years average annual | 2.13% | -0.02% |
| Weekly media advert. rent | $395 | $290 |
| Time on Market | 74.8 days | 83.0 days |
| Gross Rental Yield Percent | 4.56% | 4.57% |
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