Property investors enjoyed capital gains of 8.05% over the last 12 months in MOUNT OMMANEY, translating to lower returns compared with its peers in QLD.
The suburb posted a 12.72% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $780 based on current median home prices for the suburb.
On average, rents on listings have reached the $780 mark, reflecting a 4.58% increase in returns based on the current median price in MOUNT OMMANEY.
MOUNT OMMANEY, 4074 ranks 200th 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 4.58% return.
Property investors have seen a 5.92% gain in MOUNT OMMANEY based on an increase in median home prices for the past three months.
MOUNT OMMANEY, 4074 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 $617,000.
Profits due to an upward trend in home prices in MOUNT OMMANEY, 4074 averaged 0.38% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.
The gross rental yield in MOUNT OMMANEY, 4074 is 4.55%.
An average of 1.25 real estate transactions take place per month in MOUNT OMMANEY which translates to 15 per annum.
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