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7 MIN READThe Pros And Cons Of Off-market Property Sales
What are the pros and cons of off-market property sales? We discuss how this selling approach works and delve into the p...
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South BrisbaneSouth Brisbane - SUBURB PROFILE REPORT
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The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,155,000.
Profits due to an upward trend in home prices there averaged 9.68% per annum over a 3-year period.
Home owners selling their properties and realtors in SOUTH BRISBANE usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $570 mark, reflecting a 2.57% increase in returns based on the current median price in SOUTH BRISBANE.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,155,000 | $488,500 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -2.3% |
| Median 12 month | N/A | 3.15% |
| Median 3 years | 29.05% | -6.95% |
| Median 5 years | -23.84% | 1.35% |
| 10 years average annual | 1.87% | 1.25% |
| Weekly media advert. rent | $570 | $500 |
| Time on Market | 0.0 days | 69.8 days |
| Gross Rental Yield Percent | 2.57% | 5.32% |
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