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Property investors have seen a -2.7% drop in BASIN POCKET based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BASIN POCKET, 4305 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 $270,000
Profits averaged 0% per annum over a 3-year period, due to an upward trend in home prices in BASIN POCKET, 4305.
This means, real estate investors could earn a rental income of $287.5 based on current median home prices for the suburb.
The gross rental yield in BASIN POCKET, 4305 is 5.54%.
An average of 1.67 real estate transactions take place per month in BASIN POCKET which translates to 20 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.89%||N/A|
|Median 3 years||0%||N/A|
|Median 5 years||8%||N/A|
|10 years average annual||2.42%||N/A|
|Weekly media advert. rent||$287.5||N/A|
|Time on Market||97.7 days||N/A|
|Gross Rental Yield Percent||5.54%||N/A|