Industry Sets Expectations For Albanese Government
Now that the 2022 federal election has been decided, the industry is watching keenly to see how Labor’s housing promis...
Property investors enjoyed capital gains of 16.59% over the last 12 months in SUMNER, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in SUMNER are low, 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 $485 based on current median home prices for the suburb.
On average, rents on listings have reached the $485 mark, reflecting a 4.22% increase in returns based on the current median price in SUMNER.
SUMNER, 4074 ranks 671st in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 382nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.22% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.59%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||29.47%||N/A|
|10 years average annual||5.89%||N/A|
|Weekly media advert. rent||$485||N/A|
|Time on Market||31.5 days||N/A|
|Gross Rental Yield Percent||4.22%||N/A|