Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Property investors have seen a 6.29% gain in MOUNT COTTON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MOUNT COTTON, 4165 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 22%.
Based on its average 5-year and quarterly capital gains MOUNT COTTON, 4165 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 $701,500
Profits averaged 8.72% per annum over a 3-year period, due to an upward trend in home prices in MOUNT COTTON, 4165.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in MOUNT COTTON, 4165 is 3.71%.
An average of 15.17 real estate transactions take place per month in MOUNT COTTON which translates to 182 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||22%||N/A|
|Median 3 years||26.17%||N/A|
|Median 5 years||32.23%||N/A|
|10 years average annual||4.12%||N/A|
|Weekly media advert. rent||$500||N/A|
|Time on Market||21.6 days||N/A|
|Gross Rental Yield Percent||3.71%||N/A|