Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Property investors have seen a 2.86% 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 $360,000
Profits averaged 4.17% 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 $340 based on current median home prices for the suburb.
The gross rental yield in BLACKSTONE, 4304 is 4.91%.
An average of 3 real estate transactions take place per month in BLACKSTONE which translates to 36 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.09%||N/A|
|Median 3 years||12.5%||N/A|
|Median 5 years||25.65%||N/A|
|10 years average annual||2.16%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||47.5 days||N/A|
|Gross Rental Yield Percent||4.91%||N/A|