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AREA REPORTS

Miami

Miami - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4220

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unit
MIAMI ranks 449th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 14.64% for the past year is higher than average compared to its 39.04% growth within a five-year period.

Also in MIAMI, the median home price is sitting at $865,500, and the average rent at $620, this suggests property owners could potentially earn a 3.73% increase in gross rental yield.

Property investors have seen a 1.82% 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 14.64%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.89% growth over a ten-year period. It ranks 1681st on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $865,500 $502,500
GROWTH REPORT
Median Quarterly 1.82% -0.5%
Median 12 month 14.64% 8.41%
Median 3 years 19.21% 8.77%
Median 5 years 39.04% 24.07%
10 years average annual 4.89% 3.48%
Weekly media advert. rent $620 $490
Time on Market 38.0 days 58.8 days
Gross Rental Yield Percent 3.73% 5.07%
demographics (median values)
Total Population
6171
Weekly Household Income
890.1
Household Size
2.20
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