INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Why property remains the supreme property class
The knock-on effects of the COVID-19 pandemic on Australia’s property market are comparable to the global financial crisis (GFC), but are...
Property investors enjoyed capital gains of 27.35% over the last 12 months in YERONGA, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in YERONGA are high, as opposed to average gains per annum over the past five years.
The suburb posted a 14.65% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
On average, rents on listings have reached the $480 mark, reflecting a 2.45% increase in returns based on the current median price in YERONGA.
YERONGA, 4104 ranks 22nd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 761st on the list of best yielding suburbs for rental properties in QLD, posting a 2.45% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,017,500 | $413,000 |
| GROWTH REPORT | ||
| Median Quarterly | 17.49% | -0.12% |
| Median 12 month | 27.35% | -5.87% |
| Median 3 years | 14.65% | -1.08% |
| Median 5 years | 38.44% | -12.36% |
| 10 years average annual | 4.28% | 0.17% |
| Weekly media advert. rent | $480 | $395 |
| Time on Market | 78.4 days | 48.7 days |
| Gross Rental Yield Percent | 2.45% | 4.97% |
The knock-on effects of the COVID-19 pandemic on Australia’s property market are comparable to the global financial crisis (GFC), but are...
Melbourne’s reopening has been met with plenty of property fanfare: Here are the biggest property stories from this week. ...
Despite facing lockdowns and an election, New Zealand property is moving from strength to strength, with a researcher tipping the Australian...
Housing affordability will continue to improve moderately over the next 12 months because of low mortgage interest rates and lower housing p...
Queensland has started recovering from the effects of the COVID-19 pandemic, with the regional rental markets leading the charge. ...
The race that stops the nation won’t be stopping a large number of homes from going under the hammer in Victoria this week. ...
Get notifications in real-time for staying up to date with content that matters to you.
