Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Property investors have seen a -2.28% drop in KURABY based on a decrease 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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $685,000
Profits averaged -0.13% per annum over a 3-year period, due to an downward trend in home prices in KURABY, 4112.
This means, real estate investors could earn a rental income of $475 based on current median home prices for the suburb.
The gross rental yield in KURABY, 4112 is 3.61%.
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 | $685,000 | $278,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.28% | -0.18% |
| Median 12 month | -2.84% | -3.14% |
| Median 3 years | -0.4% | -5.76% |
| Median 5 years | 9.6% | -5.76% |
| 10 years average annual | 2.29% | -1.75% |
| Weekly media advert. rent | $475 | $377.5 |
| Time on Market | 78.3 days | 0.0 days |
| Gross Rental Yield Percent | 3.61% | 7.06% |
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