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Basin Pocket
AREA REPORTS

Basin Pocket

Basin Pocket - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4305

house

Property investors have seen a 9.34% gain in BASIN POCKET based on an increase 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 $275,000

Profits averaged 2.44% 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 $295 based on current median home prices for the suburb.

The gross rental yield in BASIN POCKET, 4305 is 5.58%.

An average of 2.58 real estate transactions take place per month in BASIN POCKET which translates to 31 per annum.

Data report can be found below

Basin Pocket
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $275,000 N/A
GROWTH REPORT
Median Quarterly 9.34% N/A
Median 12 month -0.72% N/A
Median 3 years 7.32% N/A
Median 5 years 12.59% N/A
10 years average annual 1.4% N/A
Weekly media advert. rent $295 N/A
Time on Market 67.8 days N/A
Gross Rental Yield Percent 5.58% N/A
demographics (median values)*
Total Population
928
Weekly Household Income
828.4
Household Size
2.40
Age
37
Monthly Loan Repayment
1025
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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