How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
Property investors have seen a -1.03% drop in GLENEAGLE based on a decrease 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 $480,000
Profits averaged 3.03% 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 $370 based on current median home prices for the suburb.
The gross rental yield in GLENEAGLE, 4285 is 4.01%.
An average of 2.25 real estate transactions take place per month in GLENEAGLE which translates to 27 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.55%||N/A|
|Median 3 years||9.09%||N/A|
|Median 5 years||18.81%||N/A|
|10 years average annual||1.86%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||121.8 days||N/A|
|Gross Rental Yield Percent||4.01%||N/A|