Government ‘pleased’ With Property Price Growth
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Property investors have seen a 3.7% 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 $280,000
Profits averaged 1.89% 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 $310 based on current median home prices for the suburb.
The gross rental yield in CHURCHILL, 4305 is 5.76%.
An average of 1.92 real estate transactions take place per month in CHURCHILL which translates to 23 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.7%||N/A|
|Median 3 years||5.66%||N/A|
|Median 5 years||14.75%||N/A|
|10 years average annual||-0.44%||N/A|
|Weekly media advert. rent||$310||N/A|
|Time on Market||67.5 days||N/A|
|Gross Rental Yield Percent||5.76%||N/A|