REIA backs HomeBuilder package
The Real Estate Institute of Australia has thrown its support behind the federal government’s new housing stimulus package. ...
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Property investors have seen a 3.5% gain in MOUNT NATHAN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MOUNT NATHAN, 4211 saw average growth in the long term.
The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $828,000
Profits averaged 3.22% per annum over a 3-year period, due to an upward trend in home prices in MOUNT NATHAN, 4211.
This means, real estate investors could earn a rental income of $660 based on current median home prices for the suburb.
The gross rental yield in MOUNT NATHAN, 4211 is 4.14%.
An average of 1.92 real estate transactions take place per month in MOUNT NATHAN which translates to 23 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $828,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.5% | N/A |
| Median 12 month | 8.24% | N/A |
| Median 3 years | 9.67% | N/A |
| Median 5 years | 29.38% | N/A |
| 10 years average annual | 2.85% | N/A |
| Weekly media advert. rent | $660 | N/A |
| Time on Market | 66.4 days | N/A |
| Gross Rental Yield Percent | 4.14% | N/A |
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