Big opportunities for property investors in 2019, expert tips
Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...
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 $1,205,000.
Profits due to an upward trend in home prices there averaged 8.25% 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 $497.5 mark, reflecting a 2.15% increase in returns based on the current median price in SOUTH BRISBANE.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,205,000 | $556,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -4.96% |
| Median 12 month | N/A | 7.96% |
| Median 3 years | 24.74% | 3.15% |
| Median 5 years | N/A | 25.3% |
| 10 years average annual | N/A | 3.11% |
| Weekly media advert. rent | $497.5 | $475 |
| Time on Market | 0.0 days | 114.1 days |
| Gross Rental Yield Percent | 2.15% | 4.44% |
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