Property investors have seen a 6.86% gain in KANGAROO POINT based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KANGAROO POINT, 4169 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 $935,000
Profits averaged 9.66% per annum over a 3-year period, due to an upward trend in home prices in KANGAROO POINT, 4169.
This means, real estate investors could earn a rental income of $530 based on current median home prices for the suburb.
The gross rental yield in KANGAROO POINT, 4169 is 2.95%.
An average of 2.08 real estate transactions take place per month in KANGAROO POINT which translates to 25 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.06%||0%|
|Median 3 years||28.97%||5%|
|Median 5 years||49.48%||15.32%|
|10 years average annual||5.77%||2.57%|
|Weekly media advert. rent||$530||$480|
|Time on Market||110.4 days||98.5 days|
|Gross Rental Yield Percent||2.95%||4.75%|