Commercial investors urged to be cautious after builder breach
Commercial property owners are reminded to be cautious when conducting renovations or repair work after a Western Australian builder was ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 0.38% growth over a ten-year period. It ranks 3591st on our list of suburbs that property investors should look into.
REDBANK PLAINS, 4301 has a capital gain of -2.42% for the past year, which is lower than average compared to its 3.87% growth within a five-year period.
With the median home price in REDBANK PLAINS sitting at $322,000, and the average rent at $345, property owners could potentially earn a 5.57% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in REDBANK PLAINS are low, as opposed to average gains per annum over the past five years.
REDBANK PLAINS, 4301 in QLD belongs to the local government area of Ipswich (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $322,000 | $232,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.92% | -29.96% |
| Median 12 month | -2.42% | -27.25% |
| Median 3 years | -2.72% | -18.09% |
| Median 5 years | 3.87% | 3.11% |
| 10 years average annual | 0.38% | -1.47% |
| Weekly media advert. rent | $345 | $315 |
| Time on Market | 87.6 days | 131.0 days |
| Gross Rental Yield Percent | 5.57% | 7.06% |
Commercial property owners are reminded to be cautious when conducting renovations or repair work after a Western Australian builder was ...
Signs of property market recovery across many parts of Sydney has come to an “abrupt halt” as a result of COVID-19, according to new re...
Melbourne has registered a lower withdrawal rate during the second lockdown period and a strong preliminary auction clearance rate. ...
Home owners are looking to purchase an investment property further away than ever before, with COVID-19 likely to accelerate this trend, acc...
Agents are being advised to follow New Zealand’s template as the country was able to experience a real estate boom post-stage 4 lockdowns...
The Reserve Bank of Australia has revised its outlook for dwelling investment as the second lockdown in Victoria is likely to have sharper d...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
