Property investors have seen a 0.86% gain in ALBANY CREEK based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ALBANY CREEK, 4035 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 $585,000
Profits averaged 4.53% per annum over a 3-year period, due to an upward trend in home prices in ALBANY CREEK, 4035.
This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.
The gross rental yield in ALBANY CREEK, 4035 is 4.09%.
An average of 19.42 real estate transactions take place per month in ALBANY CREEK which translates to 233 per annum.
Property investments in ALBANY CREEK fare well against the rest of the country last year, registering a median home price increase of 14.88%.
Figures from the previous quarter show that capital gains for real estate buyers in ALBANY CREEK are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In ALBANY CREEK, homes and units usually stay on listing for an average of 55.9 days.
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 $482,475
Investors saw the median home price rise to $482,475.
ALBANY CREEK ranks 316th on the list of best yielding suburbs for rental properties in QLD, posting a 4.42% return.
great article Cate Bakos!
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