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Property investors have seen a -2.44% drop in GATTON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GATTON, 4343 saw average decrease 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 $260,000
Profits averaged -0.38% per annum over a 3-year period, due to an downward trend in home prices in GATTON, 4343.
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 GATTON, 4343 is 6.2%.
An average of 10.58 real estate transactions take place per month in GATTON which translates to 127 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $260,000 | $198,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.44% | N/A |
| Median 12 month | -1.89% | N/A |
| Median 3 years | -1.14% | -12.78% |
| Median 5 years | -1.61% | N/A |
| 10 years average annual | -0.44% | N/A |
| Weekly media advert. rent | $310 | $260 |
| Time on Market | 106.3 days | 0.0 days |
| Gross Rental Yield Percent | 6.2% | 6.83% |
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