House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Property investors enjoyed capital gains of 32.12% over the last 12 months in BRIDGEMAN DOWNS, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 4.71% growth over a ten-year period. It ranks 2442nd on our list of suburbs that property investors should look into.
BRIDGEMAN DOWNS, 4035 has a capital gain of 32.12% for the past year, which is higher than average compared to its 43.42% growth within a five-year period.
With the median home price in BRIDGEMAN DOWNS sitting at $1,090,000, and the average rent at $677.5, property owners could potentially earn a 3.23% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BRIDGEMAN DOWNS are high, as opposed to average gains per annum over the past five years.
BRIDGEMAN DOWNS, 4035 in QLD belongs to the local government area of Brisbane (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||32.12%||4.76%|
|Median 3 years||40.19%||4.5%|
|Median 5 years||43.42%||-11.25%|
|10 years average annual||4.71%||3.36%|
|Weekly media advert. rent||$677.5||$485|
|Time on Market||30.4 days||70.9 days|
|Gross Rental Yield Percent||3.23%||6.03%|