Property investors have seen a 5.79% gain in GLENEAGLE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GLENEAGLE, 4285 saw average growth in the long term.
The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $422,000
Profits averaged 0.56% per annum over a 3-year period, due to an upward trend in home prices in GLENEAGLE, 4285.
This means, real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
The gross rental yield in GLENEAGLE, 4285 is 4.62%.
An average of 2.08 real estate transactions take place per month in GLENEAGLE which translates to 25 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.71%||N/A|
|Median 3 years||1.69%||N/A|
|Median 5 years||10.33%||N/A|
|10 years average annual||2.11%||N/A|
|Weekly media advert. rent||$375||N/A|
|Time on Market||88.1 days||N/A|
|Gross Rental Yield Percent||4.62%||N/A|