Property Market Update: Brisbane, March 2021
Brisbane’s property market continued its steady upward trajectory in March, building on its resilient performance th...
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 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%|