MIDDLE PARK, 4074 delivered a weaker 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 MIDDLE PARK, 4074 values up and netting property investors a capital gain of 8.89% for the past year.
Investors saw the median home price rise to $627,500.
Profits due to an upward trend in home prices in the suburb averaged 3.69% per annum over a 3-year period.
MIDDLE PARK now ranks at the 197th 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 MIDDLE PARK are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $482.5 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 MIDDLE PARK, homes and units usually stay on listing for an average of 46.7 days.
In 2016, 60 properties were sold in MIDDLE PARK during the past year, making it the 168th most active market in QLD based on total real estate transactions.
Comparing the size of Geelong and...
Interesting stuff. Thank you. What about...
OMG this has got disaster written all...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal