The most common hidden costs in building quotes and contracts
It’s unfortunately very common to blow the budget on building projects. One of the main reasons costs blow out is that there are hidden c...
ACACIA RIDGE, 4110 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 $395,000.
Profits due to an downward trend in home prices in the suburb averaged -0.54% per annum over a 3-year period.
ACACIA RIDGE now ranks at the 556th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in ACACIA RIDGE are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $352.5 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ACACIA RIDGE, homes and units usually stay on listing for an average of 50.7 days.
In 2016, 72 properties were sold in ACACIA RIDGE during the past year, making it the 116th most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $395,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.5% | N/A |
| Median 12 month | 0% | N/A |
| Median 3 years | -1.62% | N/A |
| Median 5 years | 11.58% | N/A |
| 10 years average annual | 1.58% | N/A |
| Weekly media advert. rent | $352.5 | N/A |
| Time on Market | 50.7 days | N/A |
| Gross Rental Yield Percent | 4.64% | N/A |
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