Hot Property: The biggest stories this week
Melbourne’s reopening has been met with plenty of property fanfare: Here are the biggest property stories from this week. ...
Figures from the previous quarter show that capital gains for real estate buyers in CENTENARY HEIGHTS are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $342.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $342.5 mark, reflecting a 4.9% increase in returns based on the current median price in CENTENARY HEIGHTS.
CENTENARY HEIGHTS, 4350 ranks 638th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 339th on the list of best yielding suburbs for rental properties in QLD, posting a 4.9% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $363,500 | $336,250 |
| GROWTH REPORT | ||
| Median Quarterly | 1.25% | -4.61% |
| Median 12 month | -1.76% | -0.81% |
| Median 3 years | -1.09% | -9% |
| Median 5 years | 1.57% | 26.89% |
| 10 years average annual | 2.06% | 2.14% |
| Weekly media advert. rent | $342.5 | $307.5 |
| Time on Market | 41.7 days | 89.8 days |
| Gross Rental Yield Percent | 4.9% | 4.76% |
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