Investors advised to review credit options amid health crisis
Amid the ongoing health crisis, mortgage brokers across Australia are urging home owners and investors to consider their credit options. ...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $509,000.
The upward trend in home prices in PEAK CROSSING, 4306 averaged 8.85% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in PEAK CROSSING.
An average of 0.92 real estate transactions take place per month in PEAK CROSSING which translates to 11 per annum.
11 properties were sold in PEAK CROSSING in 2016, making it the 847th most active market in QLD based on total real estate transactions.
PEAK CROSSING, 4306 places 769th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $509,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -13.58% | N/A |
| Median 12 month | -9.51% | N/A |
| Median 3 years | 26.54% | N/A |
| Median 5 years | 33.95% | N/A |
| 10 years average annual | 8.5% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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