Property investors have seen a -3.22% 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 $406,375
Profits averaged 1.31% 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 4.8%.
An average of 2 real estate transactions take place per month in GLENEAGLE which translates to 24 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.55%||N/A|
|Median 3 years||3.93%||N/A|
|Median 5 years||7.65%||N/A|
|10 years average annual||2.07%||N/A|
|Weekly media advert. rent||$375||N/A|
|Time on Market||71.6 days||N/A|
|Gross Rental Yield Percent||4.8%||N/A|