Returning expats may increase property prices
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Figures from the previous quarter show that capital gains for real estate buyers in SUMNER 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 $475 based on current median home prices for the suburb.
On average, rents on listings have reached the $475 mark, reflecting a 4.97% increase in returns based on the current median price in SUMNER.
While it ranks 314th on the list of best yielding suburbs for rental properties in QLD, posting a 4.97% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $497,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.96% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 7.58% | N/A |
| 10 years average annual | 3.53% | N/A |
| Weekly media advert. rent | $475 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 4.97% | N/A |
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