Property investors have seen a -3.37% drop in DARRA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains DARRA, 4076 saw average growth in the long term.
the QLD 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 $430,000
Profits averaged 8.82% per annum over a 3-year period, due to an upward trend in home prices in DARRA, 4076.
This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
The gross rental yield in DARRA, 4076 is 4.11%.
An average of 5.08 real estate transactions take place per month in DARRA which translates to 61 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.49%||N/A|
|Median 3 years||26.47%||N/A|
|Median 5 years||27.12%||N/A|
|10 years average annual||6.37%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||64.8 days||N/A|
|Gross Rental Yield Percent||4.11%||N/A|