NAB Reveals Struggles With Phantom Investors
A big four bank has spoken openly about issues it faces with phantom investors and how it plans to tackle this moving fo...
Property investors enjoyed capital gains of 3.75% over the last 12 months in MOLENDINAR, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 2.23% growth over a ten-year period. It ranks 2983rd on our list of suburbs that property investors should look into.
MOLENDINAR, 4214 has a capital gain of 3.75% for the past year, which is higher than average compared to its 9.6% growth within a five-year period.
With the median home price in MOLENDINAR sitting at $622,500, and the average rent at $597.5, property owners could potentially earn a 4.99% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOLENDINAR are low, as opposed to average gains per annum over the past five years.
MOLENDINAR, 4214 in QLD belongs to the local government area of Gold Coast (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.75%||4.2%|
|Median 3 years||4.1%||7.27%|
|Median 5 years||9.6%||5.08%|
|10 years average annual||2.23%||1.16%|
|Weekly media advert. rent||$597.5||$385|
|Time on Market||47.9 days||63.9 days|
|Gross Rental Yield Percent||4.99%||6.46%|