Property management: You get what you pay for
Lately there have been some new ‘startups’ in the property management space that are trying to swing investors away from traditional pro...
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 2.84% growth over a ten-year period. It ranks 2525th on our list of suburbs that property investors should look into.
MILTON, 4064 has a capital gain of -14.67% for the past year, which is lower than average compared to its 4.51% growth within a five-year period.
With the median home price in MILTON sitting at $799,500, and the average rent at $555, property owners could potentially earn a 3.61% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MILTON are low, as opposed to average gains per annum over the past five years.
MILTON, 4064 in QLD belongs to the local government area of Brisbane.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $799,500 | $445,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.74% | 7.23% |
| Median 12 month | -14.67% | -4.81% |
| Median 3 years | 15.87% | -20.09% |
| Median 5 years | 4.51% | -13.59% |
| 10 years average annual | 2.84% | -2.34% |
| Weekly media advert. rent | $555 | $450 |
| Time on Market | 105.8 days | 143.9 days |
| Gross Rental Yield Percent | 3.61% | 5.26% |
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