Property investors have seen a -0.45% drop in HARRISTOWN based on a decrease 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 $312,500
Profits averaged -0.37% per annum over a 3-year period, due to an downward trend in home prices in HARRISTOWN, 4350.
This means, real estate investors could earn a rental income of $315 based on current median home prices for the suburb.
The gross rental yield in HARRISTOWN, 4350 is 5.24%.
An average of 12.17 real estate transactions take place per month in HARRISTOWN which translates to 146 per annum.
Property investments in HARRISTOWN did not fare well against the rest of the country last year, registering a median home price decrease of 2.01%.
Figures from the previous quarter show that capital gains for real estate buyers in HARRISTOWN are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $272 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In HARRISTOWN, homes and units usually stay on listing for an average of 99.1 days.
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 $305,000
Investors saw the median home price rise to $305,000.
HARRISTOWN ranks 278th on the list of best yielding suburbs for rental properties in QLD, posting a 4.64% return.
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