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Mount Lofty
AREA REPORTS

Mount Lofty

Mount Lofty - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4350

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 7.38% capital gain.

It 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 $531,000

The augmented property values in the suburb are trailing above the territorial average of 11.8% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $397.5.

Home owners selling their properties and realtors in MOUNT LOFTY usually have to wait an average of 49.1 days days before their assets are lifted off the market.

The QLD suburb ranks 533rd on the list of best yielding suburbs for rental properties in QLD, posting a 3.89% return.

It also places places 554th in Australia based on median property value growth during the quarter.

Data report can be found below

Mount Lofty
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $531,000 $249,000
GROWTH REPORT
Median Quarterly 3.51% 0%
Median 12 month 12.08% N/A
Median 3 years 7.38% N/A
Median 5 years 24.94% -42.09%
10 years average annual 5.3% 10.96%
Weekly media advert. rent $397.5 $280
Time on Market 49.1 days 46.3 days
Gross Rental Yield Percent 3.89% 5.85%
demographics (median values)*
Total Population
3572
Weekly Household Income
1083
Household Size
2.50
Age
40
Monthly Loan Repayment
1200
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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