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Property investors have seen a 4.18% gain in KURABY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KURABY, 4112 saw average growth in the long term.
The QLD suburb also 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 $710,000
Profits averaged 1.15% per annum over a 3-year period, due to an upward trend in home prices in KURABY, 4112.
This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.
The gross rental yield in KURABY, 4112 is 3.37%.
An average of 6.92 real estate transactions take place per month in KURABY which translates to 83 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $710,000 | $277,000 |
| GROWTH REPORT | ||
| Median Quarterly | 4.18% | -2.81% |
| Median 12 month | 1.07% | -4.89% |
| Median 3 years | 3.46% | -6.1% |
| Median 5 years | 13.6% | -6.1% |
| 10 years average annual | 2.55% | -1.6% |
| Weekly media advert. rent | $460 | $375 |
| Time on Market | 80.8 days | 0.0 days |
| Gross Rental Yield Percent | 3.37% | 7.04% |
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