Based on its average 5-year and quarterly capital gains MOOROOKA, 4105 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MOOROOKA, 4105 obtained a 3.77% growth over a ten-year period. It ranks 2016th on our list of suburbs that property investors should look into.
MOOROOKA, 4105 in QLD belongs to the local government area of Brisbane.
MOOROOKA, 4105 has a capital gain of 7.54% for the past year, which is higher than average compared to its 27.9% growth within a five-year period.
With the median home price in MOOROOKA sitting at $645,250, and the average rent at $420, property owners could potentially earn a 3.38% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOOROOKA are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in MOOROOKA, 4105 translates to a -1.48% capital gain.
Property investors enjoyed capital gains of 4.38% over the last 12 months in MOOROOKA, translating to lower returns compared with its peers in QLD.
MOOROOKA, 4105 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $399,000.
Profits due to an downward trend in home prices in MOOROOKA, 4105 averaged -0.49% per annum over a 3-year period.
Home owners selling their properties and realtors in MOOROOKA usually have to wait an average of 86.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $375 mark, reflecting a 4.89% increase in returns based on the current median price in MOOROOKA.
MOOROOKA, 4105 places 55th in Australia based on median property value growth during the quarter.