Perth sales strongest in 5 years
New data from the Real Estate Institute of Western Australia has revealed that June saw the biggest month of sales in Perth since 2015. ...
Property investors have seen a 0.16% gain in UPPER MOUNT GRAVATT based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains UPPER MOUNT GRAVATT, 4122 saw average growth in the long term.
The QLD suburb also 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 $616,000
Profits averaged -0.22% per annum over a 3-year period, due to an downward trend in home prices in UPPER MOUNT GRAVATT, 4122.
This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
The gross rental yield in UPPER MOUNT GRAVATT, 4122 is 3.63%.
An average of 8.5 real estate transactions take place per month in UPPER MOUNT GRAVATT which translates to 102 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $616,000 | $376,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.16% | 0% |
| Median 12 month | -5.23% | -4.68% |
| Median 3 years | -0.65% | -20.74% |
| Median 5 years | 11.83% | -20.06% |
| 10 years average annual | 3.12% | 0.77% |
| Weekly media advert. rent | $430 | $450 |
| Time on Market | 47.2 days | 120.1 days |
| Gross Rental Yield Percent | 3.63% | 6.22% |
New data from the Real Estate Institute of Western Australia has revealed that June saw the biggest month of sales in Perth since 2015. ...
The 1 July release of 10,000 new guarantees under the First Home Loan Deposit Scheme is expected to be well received for those looking to ...
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
Online marketplace Grays is launching itself into the real estate and property market with the sale of land plots in Western Australia’s K...
As in most parts of the world, the COVID-19 pandemic has seen vast implications for the Australian real estate. How will the NSW capital’s...
New research has identified the top 10 areas recording the greatest change in dwelling market values from 31 March to 31 May. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
