Property investors have seen a 4.65% gain in DARRA based on an increase 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 $450,000
Profits averaged 9.65% 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 3.93%.
An average of 5.33 real estate transactions take place per month in DARRA which translates to 64 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.14%||N/A|
|Median 3 years||28.94%||N/A|
|Median 5 years||38.46%||N/A|
|10 years average annual||5.39%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||56.0 days||N/A|
|Gross Rental Yield Percent||3.93%||N/A|