‘It’s a terrific time to be investing in commercial property’: Ray White
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Property investors enjoyed capital gains of 32.58% over the last 12 months in MILTON, 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 5.56% growth over a ten-year period. It ranks 1393rd on our list of suburbs that property investors should look into.
MILTON, 4064 has a capital gain of 32.58% for the past year, which is higher than average compared to its 38.93% growth within a five-year period.
With the median home price in MILTON sitting at $1,050,000, and the average rent at $585, property owners could potentially earn a 2.9% increase in gross rental yield.
A 32.58% increase in median property prices in MILTON, 4064 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 10th.
MILTON, 4064 in QLD belongs to the local government area of Brisbane (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,050,000 | $449,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 0.9% |
| Median 12 month | 32.58% | 8.59% |
| Median 3 years | 8.81% | -17.95% |
| Median 5 years | 38.93% | -18.95% |
| 10 years average annual | 5.56% | -0.42% |
| Weekly media advert. rent | $585 | $455 |
| Time on Market | 63.9 days | 67.0 days |
| Gross Rental Yield Percent | 2.9% | 5.27% |
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