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Miami
AREA REPORTS

Miami

Miami - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4220

house
unit
MIAMI ranks 38th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 46% for the past year is higher than average compared to its 73.57% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in MIAMI, the median home price is sitting at $1,277,500, and the average rent at $700, this suggests property owners could potentially earn a 2.85% increase in gross rental yield.

Property investors have seen a 10.13% gain in MIAMI based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on MIAMI, 4220 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 46%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 11.29% growth over a ten-year period. It ranks 3893rd on our list of suburbs that property investors should look into.

Data report can be found below

Miami
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,277,500 $720,000
GROWTH REPORT
Median Quarterly 10.13% 16.88%
Median 12 month 46% 44%
Median 3 years 79.93% 69.81%
Median 5 years 73.57% 60.89%
10 years average annual 11.29% 8.98%
Weekly media advert. rent $700 $590
Time on Market 22.2 days 27.3 days
Gross Rental Yield Percent 2.85% 4.26%
demographics (median values)*
Total Population
6171
Weekly Household Income
890.1
Household Size
2.20
Age
36
Monthly Loan Repayment
1491
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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