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Property investors have seen a 4.3% 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 $485,000
Profits averaged 3.66% 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 3.97%.
An average of 3.42 real estate transactions take place per month in GLENEAGLE which translates to 41 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.52%||N/A|
|Median 3 years||10.98%||N/A|
|Median 5 years||14.93%||N/A|
|10 years average annual||2.47%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||47.6 days||N/A|
|Gross Rental Yield Percent||3.97%||N/A|