House prices see largest price drop for last 7 years
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...
Figures from the previous quarter show that capital gains for real estate buyers in KENMORE HILLS are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $727.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $727.5 mark, reflecting a 4.6% increase in returns based on the current median price in KENMORE HILLS.
KENMORE HILLS, 4069 ranks 780th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 399th on the list of best yielding suburbs for rental properties in QLD, posting a 4.6% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $821,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.69% | N/A |
| Median 12 month | -8.21% | N/A |
| Median 3 years | 4.32% | N/A |
| Median 5 years | 10.64% | N/A |
| 10 years average annual | 2.03% | N/A |
| Weekly media advert. rent | $727.5 | N/A |
| Time on Market | 48.1 days | N/A |
| Gross Rental Yield Percent | 4.6% | N/A |
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