Property investors have seen a 4.23% 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 $985,000
Profits averaged 5.66% 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 $600 based on current median home prices for the suburb.
The gross rental yield in RUNAWAY BAY, 4216 is 3.17%.
An average of 9.17 real estate transactions take place per month in RUNAWAY BAY which translates to 110 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.87%||2.48%|
|Median 3 years||16.98%||18.75%|
|Median 5 years||36.33%||28.38%|
|10 years average annual||1.92%||1.22%|
|Weekly media advert. rent||$600||$397.5|
|Time on Market||77.2 days||88.1 days|
|Gross Rental Yield Percent||3.17%||4.35%|