AREA REPORTS

Lamb Island

Suburb Profile

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

house

LAMB ISLAND, 4184 ranks 3rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 50% 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 $240,000.

The upward trend in home prices in LAMB ISLAND, 4184 averaged 1.45% per annum over a 3-year period.

Average weekly rents on listings have reached the $220 mark, reflecting a 4.77% increase in returns based on the current median price in LAMB ISLAND.

An average of 1.42 real estate transactions take place per month in LAMB ISLAND which translates to 17 per annum.

17 properties were sold in LAMB ISLAND in 2016, making it the 633rd most active market in QLD based on total real estate transactions.

LAMB ISLAND, 4184 places 2nd 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 $240,000 N/A
GROWTH REPORT
Median Quarterly 25.98% N/A
Median 12 month 50% N/A
Median 3 years 4.35% N/A
Median 5 years 56.1% N/A
10 years average annual 1.95% N/A
Weekly media advert. rent $220 N/A
Time on Market 185.0 days N/A
Gross Rental Yield Percent 4.77% N/A
demographics (median values)
Total Population
374
Weekly Household Income
502.4
Household Size
1.90
demographics
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