Markets In A ‘sound’ State Despite Shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
Property investors have seen a 4.91% gain in STANTHORPE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains STANTHORPE, 4380 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 $293,750
Profits averaged 4.33% per annum over a 3-year period, due to an upward trend in home prices in STANTHORPE, 4380.
This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
The gross rental yield in STANTHORPE, 4380 is 5.31%.
An average of 17.83 real estate transactions take place per month in STANTHORPE which translates to 214 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.86%||N/A|
|Median 3 years||12.98%||3.39%|
|Median 5 years||13.64%||N/A|
|10 years average annual||2.17%||-1.56%|
|Weekly media advert. rent||$300||$250|
|Time on Market||80.2 days||0.0 days|
|Gross Rental Yield Percent||5.31%||5.68%|