QLD/
Slacks creek

Suburb Profile

Slacks Creek - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4127

house

SLACKS CREEK, 4127 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling SLACKS CREEK, 4127 values up and netting property investors a capital gain of 7.53% for the past year.

Investors saw the median home price rise to $350,000.

Profits due to an upward trend in home prices in the suburb averaged 5.88% per annum over a 3-year period.

SLACKS CREEK now ranks at the 199th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $355 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In SLACKS CREEK, homes and units usually stay on listing for an average of 50.7 days.

In 2016, 148 properties were sold in SLACKS CREEK during the past year, making it the 701st most active market in QLD based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $350,000 N/A
GROWTH REPORT
Median Quarterly 2.32% N/A
Median 12 month 7.53% N/A
Median 3 years 17.65% N/A
Median 5 years 32.08% N/A
10 years average annual 3.03% N/A
Weekly media advert. rent $355 N/A
Time on Market 50.7 days N/A
Gross Rental Yield Percent 5.27% N/A
demographics (median values)
Total Population
5965
Weekly Household Income
910.2
Household Size
2.70
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