CBA profits dip 11%, offset by home lending spike
Above-system home lending volumes and record-high deposit growth have cushioned the COVID-induced hit to the major bank’s bottom line. ...
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 $362,000.
The upward trend in home prices in KOORALBYN, 4285 averaged 1.44% per annum over a 3-year period.
Average weekly rents on listings have reached the $350 mark, reflecting a 5.03% increase in returns based on the current median price in KOORALBYN.
An average of 2.83 real estate transactions take place per month in KOORALBYN which translates to 34 per annum.
34 properties were sold in KOORALBYN in 2016, making it the 357th most active market in QLD based on total real estate transactions.
KOORALBYN, 4285 places 596th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $362,000 | $89,500 |
| GROWTH REPORT | ||
| Median Quarterly | -1.36% | -7.25% |
| Median 12 month | 1.12% | -10.5% |
| Median 3 years | 4.32% | -38.7% |
| Median 5 years | 16.6% | -20.44% |
| 10 years average annual | 0.75% | -3.57% |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 156.9 days | 0.0 days |
| Gross Rental Yield Percent | 5.03% | N/A |
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