Property investments in KALBAR did not fare well against the rest of the country last year, registering a median home price increase of -23.27%.
Based on its average 5-year and quarterly capital gains KALBAR, 4309 saw average growth in the long term.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 166.6 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $277,000.
KALBAR ranks 767th on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $277,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -8.28% | N/A |
| Median 12 month | -23.27% | N/A |
| Median 3 years | -3.65% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 4.09% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 166.6 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...