ATO lends support to flood-affected property owners
North Queensland property owners who were impacted by floods earlier this year will continue to be granted support by the ATO this tax time....
Property investors have seen a -3.39% 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 $927,500
Profits averaged 0.46% 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 $700 based on current median home prices for the suburb.
The gross rental yield in RUNAWAY BAY, 4216 is 3.92%.
An average of 12.83 real estate transactions take place per month in RUNAWAY BAY which translates to 154 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $927,500 | $490,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.39% | 2.08% |
| Median 12 month | 3.06% | 6.52% |
| Median 3 years | 1.37% | 8.29% |
| Median 5 years | 26.45% | 10.67% |
| 10 years average annual | 1.19% | 1.08% |
| Weekly media advert. rent | $700 | $420 |
| Time on Market | 71.1 days | 104.9 days |
| Gross Rental Yield Percent | 3.92% | 4.46% |
North Queensland property owners who were impacted by floods earlier this year will continue to be granted support by the ATO this tax time....
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