Perth recovery takes COVID-19 hit
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
Subscribe to our newsletter
The suburb’s capital gain of 12.71% for the past year is higher than average compared to its 26.25% growth within a five-year period.
Also in MORNINGSIDE, the median home price is sitting at $820,000, and the average rent at $550, this suggests property owners could potentially earn a 3.49% increase in gross rental yield.
Property investors have seen a 2.98% gain in MORNINGSIDE based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MORNINGSIDE, 4170 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 12.71%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.92% growth over a ten-year period. It ranks 2015th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $820,000 | $455,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.98% | 0.25% |
| Median 12 month | 12.71% | 1.11% |
| Median 3 years | 12.53% | -5.85% |
| Median 5 years | 26.25% | -4.21% |
| 10 years average annual | 3.92% | 0.66% |
| Weekly media advert. rent | $550 | $430 |
| Time on Market | 69.7 days | 59.5 days |
| Gross Rental Yield Percent | 3.49% | 4.91% |
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
The Real Estate Institute of NSW has expressed serious concerns over news that some insurance companies are making things difficult for Aust...
Investors who are concerned they will be priced out of Sydney are being advised to look a little further out, with Sydney’s surrounding su...
The deadline for the mandatory registration of private pools and spas in Victoria has been extended due to the coronavirus pandemic. ...
Why Australians could be given $50,000, how to terminate a tenancy, and the need for a stamp duty plan: Here are some of the biggest stories...
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
