Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
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Property investors have seen a 1.33% gain in MUNDOOLUN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MUNDOOLUN, 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 $572,500
Profits averaged 1.52% per annum over a 3-year period, due to an upward trend in home prices in MUNDOOLUN, 4285.
This means, real estate investors could earn a rental income of $590 based on current median home prices for the suburb.
The gross rental yield in MUNDOOLUN, 4285 is 5.36%.
An average of 2.17 real estate transactions take place per month in MUNDOOLUN which translates to 26 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $572,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.33% | N/A |
| Median 12 month | 0.09% | N/A |
| Median 3 years | 4.57% | N/A |
| Median 5 years | 14.5% | N/A |
| 10 years average annual | 1.59% | N/A |
| Weekly media advert. rent | $590 | N/A |
| Time on Market | 122.3 days | N/A |
| Gross Rental Yield Percent | 5.36% | N/A |
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