Stability paving the way for property market gains
The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $386,900.
The downward trend in home prices in LOGANHOLME, 4129 averaged -0.43% per annum over a 3-year period.
Average weekly rents on listings have reached the $410 mark, reflecting a 5.51% increase in returns based on the current median price in LOGANHOLME.
An average of 10.17 real estate transactions take place per month in LOGANHOLME which translates to 122 per annum.
122 properties were sold in LOGANHOLME in 2016, making it the 797th most active market in QLD based on total real estate transactions.
LOGANHOLME, 4129 places 609th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-7.88%||N/A|
|Median 3 years||-1.3%||N/A|
|Median 5 years||6%||N/A|
|10 years average annual||1.2%||N/A|
|Weekly media advert. rent||$410||N/A|
|Time on Market||69.1 days||N/A|
|Gross Rental Yield Percent||5.51%||N/A|
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