Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $545,000.
The upward trend in home prices in OXLEY, 4075 averaged 5.71% per annum over a 3-year period.
Average weekly rents on listings have reached the $412.5 mark, reflecting a 3.94% increase in returns based on the current median price in OXLEY.
An average of 13.92 real estate transactions take place per month in OXLEY which translates to 167 per annum.
167 properties were sold in OXLEY in 2016, making it the 632nd most active market in QLD based on total real estate transactions.
OXLEY, 4075 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $545,000 | $390,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 6.13% | 7.81% |
| Median 3 years | 17.14% | 14.37% |
| Median 5 years | 32.93% | 24.8% |
| 10 years average annual | 4.61% | 6.12% |
| Weekly media advert. rent | $412.5 | $385 |
| Time on Market | 39.4 days | 56.1 days |
| Gross Rental Yield Percent | 3.94% | 5.13% |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...