AREA REPORTS

Eight Mile Plains

Suburb Profile

Eight Mile Plains - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4113

house
unit

Figures from the previous quarter show that capital gains for real estate buyers in EIGHT MILE PLAINS are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

On average, rents on listings have reached the $500 mark, reflecting a 3.4% increase in returns based on the current median price in EIGHT MILE PLAINS.

EIGHT MILE PLAINS, 4113 ranks 730th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 666th on the list of best yielding suburbs for rental properties in QLD, posting a 3.4% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $765,000 $392,000
GROWTH REPORT
Median Quarterly -0.07% -6.67%
Median 12 month -5.38% -4.39%
Median 3 years 8.51% -8.84%
Median 5 years 31.9% 4.53%
10 years average annual 4.11% 1.05%
Weekly media advert. rent $500 $425
Time on Market 58.3 days 72.5 days
Gross Rental Yield Percent 3.4% 5.64%
demographics (median values)
Total Population
11928
Weekly Household Income
1163
Household Size
2.80
demographics
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