Registration cancelled for dodgy builder
Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...
Property investors in SOUTH BRISBANE enjoyed capital gains of 1% over the last 12 months translating to lower returns compared with its peers in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in SOUTH BRISBANE are high, as opposed to average gains per annum over the past five years.
SOUTH BRISBANE posted a 3.59% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
Real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $500 mark, reflecting a 5.15% increase in returns based on the current median price in SOUTH BRISBANE.
SOUTH BRISBANE, 4101 ranks 129th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
SOUTH BRISBANE ranks 217th on the list of best yielding suburbs for rental properties in QLD, posting a 5.15% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $505,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 0% |
| Median 12 month | N/A | 1% |
| Median 3 years | N/A | 3.59% |
| Median 5 years | N/A | -0.98% |
| 10 years average annual | N/A | 2.64% |
| Weekly media advert. rent | N/A | $500 |
| Time on Market | N/A | 102.5 days |
| Gross Rental Yield Percent | N/A | 5.15% |
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