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 $550,000.
The upward trend in home prices in DINMORE, 4303 averaged 11.93% per annum over a 3-year period.
Average weekly rents on listings have reached the $490 mark, reflecting a 4.63% increase in returns based on the current median price in DINMORE.
An average of 1.42 real estate transactions take place per month in DINMORE which translates to 17 per annum.
17 properties were sold in DINMORE in 2016, making it the 695th most active market in QLD based on total real estate transactions.
DINMORE, 4303 places th in Australia based on median property value growth during the quarter.
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 $540,000.
Average median unit prices in QLD have risen as a whole, pulling DINMORE, 4303 values up and netting property investors a capital gain of 16.13% for the past year.
Investors saw the median home price rise to $540,000.
The upward trend in home prices in DINMORE, 4303 averaged 14.86% per annum over a 3-year period.
DINMORE now ranks at the 307th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in DINMORE are high, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In DINMORE, homes and units usually stay on listing for an average of N/A.
23 properties were sold in DINMORE in 2016, making it the 243rd most active market in QLD based on total real estate transactions.