New home loan demand shatters records
The total value of loan commitments for investor housing rose 6 per cent month-on-month to reach $5.6 billion in November last year, as the ...
Figures from the previous quarter show that capital gains for real estate buyers in RICHLANDS are high, 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 $400 based on current median home prices for the suburb.
On average, rents on listings have reached the $400 mark, reflecting a 5.2% increase in returns based on the current median price in RICHLANDS.
RICHLANDS, 4077 ranks 748th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 256th on the list of best yielding suburbs for rental properties in QLD, posting a 5.2% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $400,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -2.91% | N/A |
| Median 3 years | -4.76% | N/A |
| Median 5 years | -3.61% | N/A |
| 10 years average annual | -0.28% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 68.5 days | N/A |
| Gross Rental Yield Percent | 5.2% | N/A |
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