Property Market Update: Brisbane, March 2021
Brisbane’s property market continued its steady upward trajectory in March, building on its resilient performance th...
Property investors have seen a 1.54% gain in BLACKSTONE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BLACKSTONE, 4304 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 $330,000
Profits averaged 1.59% per annum over a 3-year period, due to an upward trend in home prices in BLACKSTONE, 4304.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in BLACKSTONE, 4304 is 5.52%.
An average of 1.92 real estate transactions take place per month in BLACKSTONE which translates to 23 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.54%||N/A|
|Median 3 years||4.76%||N/A|
|Median 5 years||0%||N/A|
|10 years average annual||1.27%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||59.4 days||N/A|
|Gross Rental Yield Percent||5.52%||N/A|