Big incentives for property investors under new housing package
As part of its housing affordability plans, the federal opposition has announced its plans to incentivise property investors should it come ...
Based on its average 5-year and quarterly capital gains RUSSELL ISLAND, 4184 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that RUSSELL ISLAND, 4184 obtained a -2.32% decrease over a ten-year period. It ranks 3898th on our list of suburbs that property investors should look into.
RUSSELL ISLAND, 4184 in QLD belongs to the local government area of Redland.
RUSSELL ISLAND, 4184 has a capital gain of -2.5% for the past year, which is lower than average compared to its 6.7% growth within a five-year period.
With the median home price in RUSSELL ISLAND sitting at $195,000, and the average rent at $250, property owners could potentially earn a 6.67% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in RUSSELL ISLAND are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $195,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.63% | N/A |
| Median 12 month | -2.5% | N/A |
| Median 3 years | 14.71% | N/A |
| Median 5 years | 6.7% | N/A |
| 10 years average annual | -2.32% | N/A |
| Weekly media advert. rent | $250 | N/A |
| Time on Market | 160.8 days | N/A |
| Gross Rental Yield Percent | 6.67% | N/A |
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