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1 MIN READVictoria Breaks Residential Property Price Records
According to the Real Estate Institute of Victoria's (REIV) September quarter report, Victoria's residential median prop...
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WishartWishart - SUBURB PROFILE REPORT
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Property investors have seen a 6.04% gain in WISHART based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WISHART, 4122 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 14.86%.
Based on its average 5-year and quarterly capital gains WISHART, 4122 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 $850,000
Profits averaged 5.48% per annum over a 3-year period, due to an upward trend in home prices in WISHART, 4122.
This means, real estate investors could earn a rental income of $527.5 based on current median home prices for the suburb.
The gross rental yield in WISHART, 4122 is 3.23%.
An average of 10.42 real estate transactions take place per month in WISHART which translates to 125 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $850,000 | $435,000 |
| GROWTH REPORT | ||
| Median Quarterly | 6.04% | 4.82% |
| Median 12 month | 14.86% | 4.19% |
| Median 3 years | 16.44% | 6.81% |
| Median 5 years | 24.18% | 2.35% |
| 10 years average annual | 4.98% | 1.99% |
| Weekly media advert. rent | $527.5 | $410 |
| Time on Market | 21.8 days | 39.9 days |
| Gross Rental Yield Percent | 3.23% | 4.9% |
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