PROPERTY SHOWCASE: How To Be The Boss Of Your Own Property Investment Journey
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses tha...
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 $650,000.
The upward trend in home prices in OXLEY, 4075 averaged 4.09% per annum over a 3-year period.
Average weekly rents on listings have reached the $482.5 mark, reflecting a 3.86% increase in returns based on the current median price in OXLEY.
An average of 14.08 real estate transactions take place per month in OXLEY which translates to 169 per annum.
169 properties were sold in OXLEY in 2016, making it the 721st most active market in QLD based on total real estate transactions.
OXLEY, 4075 places 319th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||13.04%||10.94%|
|Median 3 years||12.26%||5.15%|
|Median 5 years||23.46%||6.99%|
|10 years average annual||4.26%||0.66%|
|Weekly media advert. rent||$482.5||$400|
|Time on Market||44.4 days||31.8 days|
|Gross Rental Yield Percent||3.86%||5.43%|