Property investments in DARLING HEIGHTS fare well against the rest of the country last year, registering a median home price increase of 25.41%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains DARLING HEIGHTS, 4350 saw average growth in the long term.
Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
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 40.4 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 $765,000.
DARLING HEIGHTS ranks 379th on the list of best yielding suburbs for rental properties in QLD, posting a 3.74% return.
DARLING HEIGHTS, 4350 ranks 148th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 27.55% for property investors last year.
Based on its average 5-year and quarterly capital gains DARLING HEIGHTS, 4350 saw average growth in the long term.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an upward trend in home prices in DARLING HEIGHTS, 4350 averaged 23.76% per annum over a 3-year period.
Average weekly rents on listings have reached the $410 mark, reflecting a 3.56% increase in returns based on the current median price in DARLING HEIGHTS.
An average of 1 real estate transactions take place per month in DARLING HEIGHTS which translates to 12 per annum.
12 properties were sold in DARLING HEIGHTS during the past year, making it the 376th most active market in QLD based on total real estate transactions.
DARLING HEIGHTS, 4350 places 8th in Australia based on median property value growth during the quarter.