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Lamb Island
AREA REPORTS

Lamb Island

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

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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 $190,000.

The downward trend in home prices in LAMB ISLAND, 4184 averaged -0.85% per annum over a 3-year period.

Average weekly rents on listings have reached the $260 mark, reflecting a 7.12% 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 804th most active market in QLD based on total real estate transactions.

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

Data report can be found below

Lamb Island
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $190,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 11.44% N/A
Median 3 years -2.56% N/A
Median 5 years -32.74% N/A
10 years average annual -4.84% N/A
Weekly media advert. rent $260 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 7.12% N/A
demographics (median values)
Total Population
374
Weekly Household Income
502.4
Household Size
1.90
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