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6 MIN READProperty Market Update: Brisbane, March 2021
Brisbane’s property market continued its steady upward trajectory in March, building on its resilient performance th...
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HarristownHarristown - SUBURB PROFILE REPORT
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Property investors have seen a 3.17% gain in HARRISTOWN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HARRISTOWN, 4350 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 $325,000
Profits averaged 1.06% per annum over a 3-year period, due to an upward trend in home prices in HARRISTOWN, 4350.
This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
The gross rental yield in HARRISTOWN, 4350 is 5.28%.
An average of 12.25 real estate transactions take place per month in HARRISTOWN which translates to 147 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $325,000 | $247,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.17% | 12.27% |
| Median 12 month | 7.08% | 5.11% |
| Median 3 years | 3.17% | -17.67% |
| Median 5 years | 1.56% | 3.35% |
| 10 years average annual | 2.19% | 2.22% |
| Weekly media advert. rent | $330 | $265 |
| Time on Market | 65.8 days | 97.0 days |
| Gross Rental Yield Percent | 5.28% | 5.58% |
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