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1 MIN READNew Government Should Change The Conversation About Investing: PIPA
The Property Investment Professionals of Australia (PIPA) has issued a firm call to the new government: prioritise the r...
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Lamb IslandLamb Island - SUBURB PROFILE REPORT
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LAMB ISLAND, 4184 ranks 201st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 46.82% 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 $289,975.
The upward trend in home prices in LAMB ISLAND, 4184 averaged 6.94% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in LAMB ISLAND.
An average of 3.67 real estate transactions take place per month in LAMB ISLAND which translates to 44 per annum.
44 properties were sold in LAMB ISLAND in 2016, making it the 275th most active market in QLD based on total real estate transactions.
LAMB ISLAND, 4184 places 587th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $289,975 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.5% | N/A |
| Median 12 month | 46.82% | N/A |
| Median 3 years | 20.82% | N/A |
| Median 5 years | 65.7% | N/A |
| 10 years average annual | 5.31% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 79.2 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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