Property investors enjoyed capital gains of 34.9% 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 low, as opposed to average gains per annum over the past five years.
The suburb posted a 28.74% 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 $662.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $662.5 mark, reflecting a 2% increase in returns based on the current median price in YERONGA.
YERONGA, 4104 ranks 23rd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 733rd on the list of best yielding suburbs for rental properties in QLD, posting a 2% return.
Property investors have seen a 5.48% gain in YERONGA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on YERONGA, 4104 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 13.07%.
Based on its average 5-year and quarterly capital gains YERONGA, 4104 saw average growth in the long term.
YERONGA, 4104 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 $770,000.
Profits due to an upward trend in home prices in YERONGA, 4104 averaged 11.7% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in YERONGA, 4104 is 4.05%.
An average of 5.58 real estate transactions take place per month in YERONGA which translates to 67 per annum.