How a Hobart purchase set this investor up for a successful portfolio
A keen property investor has spoken out about how his purchase in the Hobart market kicked off the start of a successful portfolio. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 0.42% growth over a ten-year period. It ranks 3665th on our list of suburbs that property investors should look into.
BOOVAL, 4304 has a capital gain of -11.13% for the past year, which is lower than average compared to its 7.45% growth within a five-year period.
With the median home price in BOOVAL sitting at $295,500, and the average rent at $295, property owners could potentially earn a 5.19% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BOOVAL are low, as opposed to average gains per annum over the past five years.
BOOVAL, 4304 in QLD belongs to the local government area of Ipswich (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $295,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -9.36% | N/A |
| Median 12 month | -11.13% | N/A |
| Median 3 years | 0.17% | N/A |
| Median 5 years | 7.45% | N/A |
| 10 years average annual | 0.42% | N/A |
| Weekly media advert. rent | $295 | N/A |
| Time on Market | 107.4 days | N/A |
| Gross Rental Yield Percent | 5.19% | N/A |
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