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Basin PocketBasin Pocket - SUBURB PROFILE REPORT
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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 Price | $270,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.7% | N/A |
| 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 |
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