Property investors have seen a 2.28% gain in ROCKLEA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ROCKLEA, 4106 saw average growth in the long term.
the QLD suburb also 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 $403,000
Profits averaged 6.18% per annum over a 3-year period, due to an upward trend in home prices in ROCKLEA, 4106.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in ROCKLEA, 4106 is 4.65%.
An average of 3.83 real estate transactions take place per month in ROCKLEA which translates to 46 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $403,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.28% | N/A |
| Median 12 month | 2.94% | N/A |
| Median 3 years | 18.53% | N/A |
| Median 5 years | 55% | N/A |
| 10 years average annual | 3.78% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 55.3 days | N/A |
| Gross Rental Yield Percent | 4.65% | N/A |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...