Industry Sets Expectations For Albanese Government
Now that the 2022 federal election has been decided, the industry is watching keenly to see how Labor’s housing promis...
FIG TREE POCKET, 4069 ranks 494th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 37.79% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,650,000.
The upward trend in home prices in FIG TREE POCKET, 4069 averaged 27.88% per annum over a 3-year period.
Average weekly rents on listings have reached the $700 mark, reflecting a 2.21% increase in returns based on the current median price in FIG TREE POCKET.
An average of 7.75 real estate transactions take place per month in FIG TREE POCKET which translates to 93 per annum.
93 properties were sold in FIG TREE POCKET in 2016, making it the 19th most active market in QLD based on total real estate transactions.
FIG TREE POCKET, 4069 places 63rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||37.79%||N/A|
|Median 3 years||83.64%||N/A|
|Median 5 years||60.98%||N/A|
|10 years average annual||9.4%||N/A|
|Weekly media advert. rent||$700||N/A|
|Time on Market||50.9 days||N/A|
|Gross Rental Yield Percent||2.21%||N/A|