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Runaway BayRunaway Bay - SUBURB PROFILE REPORT
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Property investors have seen a -2.37% drop in RUNAWAY BAY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains RUNAWAY BAY, 4216 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 $1,030,000
Profits averaged 4.29% per annum over a 3-year period, due to an upward trend in home prices in RUNAWAY BAY, 4216.
This means, real estate investors could earn a rental income of $667.5 based on current median home prices for the suburb.
The gross rental yield in RUNAWAY BAY, 4216 is 3.37%.
An average of 14.08 real estate transactions take place per month in RUNAWAY BAY which translates to 169 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,030,000 | $514,250 |
| GROWTH REPORT | ||
| Median Quarterly | -2.37% | -2.51% |
| Median 12 month | 3.52% | -1.11% |
| Median 3 years | 12.88% | 7.14% |
| Median 5 years | 10.75% | 10% |
| 10 years average annual | 3.16% | 4.56% |
| Weekly media advert. rent | $667.5 | $440 |
| Time on Market | 77.2 days | 91.5 days |
| Gross Rental Yield Percent | 3.37% | 4.45% |
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