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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 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%|