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 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|