Property investors have seen a 1.1% 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 $690,000
Profits averaged 6.32% 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 $442.5 based on current median home prices for the suburb.
The gross rental yield in KURABY, 4112 is 3.33%.
An average of 8.92 real estate transactions take place per month in KURABY which translates to 107 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.29%||-5.69%|
|Median 3 years||18.97%||-2.36%|
|Median 5 years||31.18%||1.75%|
|10 years average annual||4.87%||2.03%|
|Weekly media advert. rent||$442.5||$380|
|Time on Market||51.9 days||0.0 days|
|Gross Rental Yield Percent||3.33%||6.81%|