Double-digit price growth to stick around as ‘property boom’ arrives
According to leading indicators, Australia’s property boom officially began in November, following several slow months on the back of the ...
Based on its average 5-year and quarterly capital gains STRETTON, 4116 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that STRETTON, 4116 obtained a 3% growth over a ten-year period. It ranks 2462nd on our list of suburbs that property investors should look into.
STRETTON, 4116 in QLD belongs to the local government area of Brisbane (C).
STRETTON, 4116 has a capital gain of 4.03% for the past year, which is higher than average compared to its 4.21% growth within a five-year period.
With the median home price in STRETTON sitting at $902,500, and the average rent at $580, property owners could potentially earn a 3.34% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in STRETTON are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $902,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.67% | N/A |
| Median 12 month | 4.03% | N/A |
| Median 3 years | 8.73% | N/A |
| Median 5 years | 4.21% | N/A |
| 10 years average annual | 3% | N/A |
| Weekly media advert. rent | $580 | N/A |
| Time on Market | 88.5 days | N/A |
| Gross Rental Yield Percent | 3.34% | N/A |
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