Busselton, Broome Lead Regional WA Price Growth
Western Australia’s regional centres continued to deliver solid growth during the latest three-month period, as data f...
Property investors enjoyed capital gains of 27.09% over the last 12 months in South Ripley, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 5.01% growth over a ten-year period. It ranks 2415th on our list of suburbs that property investors should look into.
South Ripley, 4306 has a capital gain of 27.09% for the past year, which is higher than average compared to its 33.79% growth within a five-year period.
With the median home price in South Ripley sitting at $600,500, and the average rent at $435, property owners could potentially earn a 3.77% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in South Ripley are high, as opposed to average gains per annum over the past five years.
South Ripley, 4306 in QLD belongs to the local government area of Ipswich (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||27.09%||N/A|
|Median 3 years||23.56%||N/A|
|Median 5 years||33.79%||N/A|
|10 years average annual||5.01%||N/A|
|Weekly media advert. rent||$435||N/A|
|Time on Market||15.9 days||N/A|
|Gross Rental Yield Percent||3.77%||N/A|