Homeowners and real estate investors betting on SOUTH BRISBANE, 4101 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 17.75%.
Property investors in SOUTH BRISBANE enjoyed capital gains of 17.75% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $1,648,500.
Profits due to an upward trend in home prices there averaged 32.87% 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 $490 mark, reflecting a 1.55% increase in returns based on the current median price in SOUTH BRISBANE.
SOUTH BRISBANE, 4101 places 618th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||17.75%||-4.76%|
|Median 3 years||98.61%||-2.87%|
|Median 5 years||N/A||11.36%|
|10 years average annual||15.6%||2.24%|
|Weekly media advert. rent||$490||$480|
|Time on Market||0.0 days||107.5 days|
|Gross Rental Yield Percent||1.55%||5.09%|