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Property investors have seen a 2.67% 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 $711,500
Profits averaged 4.52% 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 $470 based on current median home prices for the suburb.
The gross rental yield in KURABY, 4112 is 3.43%.
An average of 8.83 real estate transactions take place per month in KURABY which translates to 106 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $711,500 | $293,500 |
| GROWTH REPORT | ||
| Median Quarterly | 2.67% | -0.51% |
| Median 12 month | 3.45% | -0.51% |
| Median 3 years | 13.57% | -1.51% |
| Median 5 years | 27.33% | 1.21% |
| 10 years average annual | 2.8% | 0.22% |
| Weekly media advert. rent | $470 | $380 |
| Time on Market | 53.4 days | 103.8 days |
| Gross Rental Yield Percent | 3.43% | 6.73% |
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