Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
The suburb’s capital gain of 6.22% for the past year is higher than average compared to its 21.12% growth within a five-year period.
Also in BURLEIGH WATERS, the median home price is sitting at $820,000, and the average rent at $660, this suggests property owners could potentially earn a 4.19% increase in gross rental yield.
Property investors have seen a -0.91% drop in BURLEIGH WATERS based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.92% growth over a ten-year period. It ranks 2031st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $820,000 | $435,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.91% | 7.41% |
| Median 12 month | 6.22% | 2.77% |
| Median 3 years | 9.92% | 5.45% |
| Median 5 years | 21.12% | 17.57% |
| 10 years average annual | 3.92% | 2.13% |
| Weekly media advert. rent | $660 | $460 |
| Time on Market | 39.7 days | 40.4 days |
| Gross Rental Yield Percent | 4.19% | 5.5% |
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