AREA REPORTS

Lamb Island

 

 

QLD/
Lamb island

Suburb Profile

Lamb Island - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4184

house

LAMB ISLAND, 4184 ranks 56th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 31.71% for property investors.

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 $244,975.

The downward trend in home prices in LAMB ISLAND, 4184 averaged -5.18% per annum over a 3-year period.

Average weekly rents on listings have reached the $230 mark, reflecting a 4.88% increase in returns based on the current median price in LAMB ISLAND.

An average of 1.17 real estate transactions take place per month in LAMB ISLAND which translates to 14 per annum.

14 properties were sold in LAMB ISLAND in 2016, making it the 732nd most active market in QLD based on total real estate transactions.

LAMB ISLAND, 4184 places 215th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $244,975 N/A
GROWTH REPORT
Median Quarterly 2.07% N/A
Median 12 month 31.71% N/A
Median 3 years -15.53% N/A
Median 5 years 53.11% N/A
10 years average annual 7.26% N/A
Weekly media advert. rent $230 N/A
Time on Market 152.9 days N/A
Gross Rental Yield Percent 4.88% N/A
demographics (median values)
Total Population
374
Weekly Household Income
502.4
Household Size
1.90
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Heavy clouds near house

The biggest mistakes first-time investors can make

No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. That...

Aerial shot of property and Scott Morrison

How investors are reacting one week after the election

With the federal election making way for a Liberal win, property investors saw proposals to negative gearing taken out of the equation for t...

Perth

New lending changes predicted to boost WA market, investors

Proposed changes by the prudential regulator would have a great impact for Western Australia’s property market and investors in the market...

Aerial shot of property

Halving stamp duty is the only solution to housing affordability

Australians looking to move up the property ladder are being hindered by a population spending too long in the wrong-size homes. To have a m...

Helping hand

Why investors should seek help from professionals instead of flying solo

Nobody wants to be stressed out by juggling multiple commitments, particularly for property investors with properties that can stay with the...

Arjun Paliwal

How this investor built a 9-property portfolio in 4 years

Investor Arjun Paliwal was only 22 years old when he started building his property portfolio. Now at 26, he holds nine properties spread acr...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.