Property investors have seen a 2.96% 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 $322,250
Profits averaged 2.53% 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 $302.5 based on current median home prices for the suburb.
The gross rental yield in HARRISTOWN, 4350 is 4.88%.
An average of 12.75 real estate transactions take place per month in HARRISTOWN which translates to 153 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $322,250 | $287,500 |
| GROWTH REPORT | ||
| Median Quarterly | 2.96% | -3.99% |
| Median 12 month | 1.66% | 2.68% |
| Median 3 years | 7.58% | 14.09% |
| Median 5 years | 23.94% | 55.41% |
| 10 years average annual | 3.45% | 4.39% |
| Weekly media advert. rent | $302.5 | $275 |
| Time on Market | 86.6 days | 109.9 days |
| Gross Rental Yield Percent | 4.88% | 4.97% |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...