Property investments in POINT LOOKOUT did not fare well against the rest of the country last year, registering a median home price decrease of 33.59%.
Based on its average 5-year and quarterly capital gains POINT LOOKOUT, 4183 saw average growth in the long term.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 136.8 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $855,000.
POINT LOOKOUT ranks 853rd on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||33.59%||-22.18%|
|Median 3 years||N/A||14.56%|
|Median 5 years||N/A||1.91%|
|10 years average annual||4.79%||5.21%|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||136.8 days||115.6 days|
|Gross Rental Yield Percent||N/A||N/A|