Regions Continue To Outpace Cities – But Which Areas Are Topping The Profit Ladder?
Regional markets have continued their winning streak, with property values growing at twice the pace seen across the cap...
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 $1,240,000.
The upward trend in home prices in FIG TREE POCKET, 4069 averaged 1.84% per annum over a 3-year period.
Average weekly rents on listings have reached the $650 mark, reflecting a 2.73% increase in returns based on the current median price in FIG TREE POCKET.
An average of 6.75 real estate transactions take place per month in FIG TREE POCKET which translates to 81 per annum.
81 properties were sold in FIG TREE POCKET in 2016, making it the 76th most active market in QLD based on total real estate transactions.
FIG TREE POCKET, 4069 places 207th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.98%||N/A|
|Median 3 years||5.53%||N/A|
|Median 5 years||37.4%||N/A|
|10 years average annual||4.87%||N/A|
|Weekly media advert. rent||$650||N/A|
|Time on Market||85.5 days||N/A|
|Gross Rental Yield Percent||2.73%||N/A|