St Lucia

POSTAL CODE: QLD, 4067

HOUSE

UNIT

ST LUCIA, 4067 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling ST LUCIA, 4067 values up and netting property investors a capital gain of 3.5% for the past year.

Investors saw the median home price rise to $2,070,000.

Profits due to an upward trend in home prices in the suburb averaged 2.05% per annum over a 3-year period.

ST LUCIA now ranks at the 90th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ST LUCIA are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $680 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ST LUCIA, homes and units usually stay on listing for an average of 62.7 days.

In 2016, 68 properties were sold in ST LUCIA during the past year, making it the 145th most active market in QLD based on total real estate transactions.

ST LUCIA ranks 238th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

ST LUCIA, 4067 has a capital gain of 8.89% for the past year, which is lower than average compared to its 78.03% growth within a five-year period.

With the median home price in ST LUCIA sitting at $814,500, and the average rent at $675, property owners could potentially earn a 4.31% increase in gross rental yield.

Property investors have seen a 3.97% gain in ST LUCIA based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that ST LUCIA, 4067 obtained a 5.7% growth over a ten-year period. It ranks 780th on our list of suburbs that property investors should look into.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...