20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
Property investors enjoyed capital gains of 23.83% 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 5.53% growth over a ten-year period. It ranks 1116th on our list of suburbs that property investors should look into.
HIGHGATE HILL, 4101 has a capital gain of 23.83% for the past year, which is higher than average compared to its 23.53% growth within a five-year period.
With the median home price in HIGHGATE HILL sitting at $1,260,000, and the average rent at $560, property owners could potentially earn a 2.31% increase in gross rental yield.
A 23.83% increase in median property prices in HIGHGATE HILL, 4101 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 37th.
Figures from the previous quarter show that capital gains for real estate buyers in HIGHGATE HILL are low, 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 12 month||23.83%||-1.53%|
|Median 3 years||32.63%||6.62%|
|Median 5 years||23.53%||-2.23%|
|10 years average annual||5.53%||2.4%|
|Weekly media advert. rent||$560||$365|
|Time on Market||68.0 days||87.5 days|
|Gross Rental Yield Percent||2.31%||3.47%|