Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
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.
| 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 |
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
Renovations can be a way of adding to the value of a property, and so a quantity surveyor has identified five renovation options that can po...
Money worries are higher for women, middle-income earners, and certain Australian capital cities, according to a new report from a non-major...
The capital city market set to continue its recovery this year has seen further progress with its vacancy rate falling to its lowest point f...
The number of loans for housing continues to decline for both investors and owner-occupiers alike, analysis of ABS data shows. ...
Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...