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Property investors have seen a 5% gain in GATTON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on GATTON, 4343 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.53%.
Based on its average 5-year and quarterly capital gains GATTON, 4343 saw average growth 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 $315,000
Profits averaged 7.36% per annum over a 3-year period, due to an upward trend in home prices in GATTON, 4343.
This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
The gross rental yield in GATTON, 4343 is 5.61%.
An average of 19.25 real estate transactions take place per month in GATTON which translates to 231 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $315,000 | $250,000 |
GROWTH REPORT | ||
Median Quarterly | 5% | 5.26% |
Median 12 month | 10.53% | N/A |
Median 3 years | 22.09% | N/A |
Median 5 years | 21.15% | N/A |
10 years average annual | 1.05% | -9.68% |
Weekly media advert. rent | $340 | $315 |
Time on Market | 57.2 days | 0.0 days |
Gross Rental Yield Percent | 5.61% | 6.55% |