Property investors have seen a 0% gain in RUNAWAY BAY based on an increase 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 $970,500
Profits averaged 7.1% 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 $650 based on current median home prices for the suburb.
The gross rental yield in RUNAWAY BAY, 4216 is 3.48%.
An average of 10.17 real estate transactions take place per month in RUNAWAY BAY which translates to 122 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.43%||-5.41%|
|Median 3 years||21.31%||15.88%|
|Median 5 years||33.59%||19.61%|
|10 years average annual||1.9%||0.38%|
|Weekly media advert. rent||$650||$397.5|
|Time on Market||83.1 days||90.4 days|
|Gross Rental Yield Percent||3.48%||4.46%|