Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $600,000.
The upward trend in home prices in STAFFORD, 4053 averaged 4.4% per annum over a 3-year period.
Average weekly rents on listings have reached the $420 mark, reflecting a 3.64% increase in returns based on the current median price in STAFFORD.
An average of 9.08 real estate transactions take place per month in STAFFORD which translates to 109 per annum.
109 properties were sold in STAFFORD in 2016, making it the 804th most active market in QLD based on total real estate transactions.
STAFFORD, 4053 places 280th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3%||-7.68%|
|Median 3 years||13.21%||-2.84%|
|Median 5 years||37.61%||1.68%|
|10 years average annual||4.35%||2.09%|
|Weekly media advert. rent||$420||$365|
|Time on Market||50.6 days||116.8 days|
|Gross Rental Yield Percent||3.64%||4.82%|