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9 MIN READProperty Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
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KooralbynKooralbyn - SUBURB PROFILE REPORT
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KOORALBYN, 4285 ranks 1732nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 24.72% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $449,000.
The upward trend in home prices in KOORALBYN, 4285 averaged 9.55% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in KOORALBYN.
An average of 6.75 real estate transactions take place per month in KOORALBYN which translates to 81 per annum.
81 properties were sold in KOORALBYN in 2016, making it the 77th most active market in QLD based on total real estate transactions.
KOORALBYN, 4285 places 302nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $449,000 | $158,000 |
| GROWTH REPORT | ||
| Median Quarterly | 7.54% | 1.94% |
| Median 12 month | 24.72% | 31.67% |
| Median 3 years | 28.65% | 43.64% |
| Median 5 years | 32.45% | 1.94% |
| 10 years average annual | 4.19% | 1.55% |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 59.4 days | 81.0 days |
| Gross Rental Yield Percent | N/A | N/A |
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