REDBANK PLAINS 
2 MIN READThe Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
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GailesGailes - SUBURB PROFILE REPORT
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GAILES, 4300 ranks 308th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 42.19% 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 $364,000.
The upward trend in home prices in GAILES, 4300 averaged 13.33% per annum over a 3-year period.
Average weekly rents on listings have reached the $335 mark, reflecting a 4.79% increase in returns based on the current median price in GAILES.
An average of 3.42 real estate transactions take place per month in GAILES which translates to 41 per annum.
41 properties were sold in GAILES in 2016, making it the 311th most active market in QLD based on total real estate transactions.
GAILES, 4300 places 233rd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $364,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 8.49% | N/A |
| Median 12 month | 42.19% | N/A |
| Median 3 years | 40% | N/A |
| Median 5 years | 40.89% | N/A |
| 10 years average annual | 5.37% | N/A |
| Weekly media advert. rent | $335 | N/A |
| Time on Market | 23.7 days | N/A |
| Gross Rental Yield Percent | 4.79% | N/A |
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