Figures from the previous quarter show that capital gains for real estate buyers in GREENSLOPES 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 $470 based on current median home prices for the suburb.
On average, rents on listings have reached the $470 mark, reflecting a 3.17% increase in returns based on the current median price in GREENSLOPES.
GREENSLOPES, 4120 ranks 578th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 681st on the list of best yielding suburbs for rental properties in QLD, posting a 3.17% return.
Property investors have seen a 2.5% gain in GREENSLOPES based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GREENSLOPES, 4120 saw average growth in the long term.
GREENSLOPES, 4120 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 $451,000.
Profits due to an upward trend in home prices in GREENSLOPES, 4120 averaged 3.33% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in GREENSLOPES, 4120 is 4.27%.
An average of 14.17 real estate transactions take place per month in GREENSLOPES which translates to 170 per annum.
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