Qld property owners urged to act now on smoke alarm compliance
Property owners in Queensland strata schemes have been advised to ensure their units are compliant with the state government’s smoke alarm...
Property investors enjoyed capital gains of 6.49% over the last 12 months in HIGHGATE HILL, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 2.73% growth over a ten-year period. It ranks 2624th on our list of suburbs that property investors should look into.
HIGHGATE HILL, 4101 has a capital gain of 6.49% for the past year, which is higher than average compared to its 27.1% growth within a five-year period.
With the median home price in HIGHGATE HILL sitting at $985,000, and the average rent at $510, property owners could potentially earn a 2.69% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HIGHGATE HILL are high, as opposed to average gains per annum over the past five years.
HIGHGATE HILL, 4101 in QLD belongs to the local government area of Brisbane (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $985,000 | $495,000 |
| GROWTH REPORT | ||
| Median Quarterly | 6.49% | 0% |
| Median 12 month | 6.49% | -3.32% |
| Median 3 years | -4.72% | -16.81% |
| Median 5 years | 27.1% | -10.73% |
| 10 years average annual | 2.73% | 1.56% |
| Weekly media advert. rent | $510 | $375 |
| Time on Market | 55.9 days | 90.5 days |
| Gross Rental Yield Percent | 2.69% | 3.94% |
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