
Industry Sets Expectations For Albanese Government
Now that the 2022 federal election has been decided, the industry is watching keenly to see how Labor’s housing promis...
Property investors enjoyed capital gains of 35.26% 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 8.48% growth over a ten-year period. It ranks 613th on our list of suburbs that property investors should look into.
HIGHGATE HILL, 4101 has a capital gain of 35.26% for the past year, which is higher than average compared to its 52.24% growth within a five-year period.
With the median home price in HIGHGATE HILL sitting at $1,697,500, and the average rent at $560, property owners could potentially earn a 1.72% 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 | $1,697,500 | $700,000 |
GROWTH REPORT | ||
Median Quarterly | 17.07% | 16.18% |
Median 12 month | 35.26% | 33.33% |
Median 3 years | 72.34% | 40% |
Median 5 years | 52.24% | 19.45% |
10 years average annual | 8.48% | 5.91% |
Weekly media advert. rent | $560 | $380 |
Time on Market | 38.5 days | 58.4 days |
Gross Rental Yield Percent | 1.72% | 2.82% |