Why home owners should reference check builders
A timely reminder has been given to Australian home owners after a Parmelia man was found to have falsified references used for his buildi...
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Property investors have seen a 1.85% gain in CHURCHILL based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CHURCHILL, 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 2.33% per annum over a 3-year period, due to an upward trend in home prices in CHURCHILL, 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 CHURCHILL, 4305 is 5.58%.
An average of 2.67 real estate transactions take place per month in CHURCHILL which translates to 32 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $275,000 | $90,750 |
| GROWTH REPORT | ||
| Median Quarterly | 1.85% | N/A |
| Median 12 month | 3.77% | N/A |
| Median 3 years | 7% | N/A |
| Median 5 years | 10.44% | N/A |
| 10 years average annual | 0.54% | N/A |
| Weekly media advert. rent | $295 | N/A |
| Time on Market | 62.2 days | 0.0 days |
| Gross Rental Yield Percent | 5.58% | N/A |
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