Wage subsidy to ‘relieve financial pressure’ for tenants and landlords
The federal government’s recent JobKeeper wage subsidy is set to significantly help relieve rental and mortgage stress, according to the P...
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 0.67% growth over a ten-year period. It ranks 3583rd on our list of suburbs that property investors should look into.
WYREEMA, 4352 has a capital gain of -4.41% for the past year, which is lower than average compared to its -6.74% growth within a five-year period.
With the median home price in WYREEMA sitting at $325,000, and the average rent at $350, property owners could potentially earn a 5.6% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WYREEMA are high, as opposed to average gains per annum over the past five years.
WYREEMA, 4352 in QLD belongs to the local government area of Toowoomba (R).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $325,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -4.41% | N/A |
| Median 3 years | -0.31% | N/A |
| Median 5 years | -6.74% | N/A |
| 10 years average annual | 0.67% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 76.2 days | N/A |
| Gross Rental Yield Percent | 5.6% | N/A |
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