Goondiwindi

POSTAL CODE: QLD, 4390

HOUSE

Property investors have seen a 23.43% gain in GOONDIWINDI based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on GOONDIWINDI, 4390 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 41.44%.

Based on its average 5-year and quarterly capital gains GOONDIWINDI, 4390 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 $640,000

Profits averaged 20% per annum over a 3-year period, due to an upward trend in home prices in GOONDIWINDI, 4390.

This means, real estate investors could earn a rental income of $535 based on current median home prices for the suburb.

The gross rental yield in GOONDIWINDI, 4390 is 4.35%.

An average of 7.42 real estate transactions take place per month in GOONDIWINDI which translates to 89 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$640,000	N/A
Growth Report
Median Quarterly	23.43%	N/A
Median 12 month	41.44%	N/A
Median 3 years	60%	N/A
Median 5 years	80.28%	N/A
10 years average annual	7.67%	N/A
Weekly media advert. rent	$535	N/A
Time on Market	51 days	N/A
Gross Rental Yield Percent	4.35%	N/A

Demographics (Median Values)*

Total Population 1279

Weekly Household Income 1197

Household Size 3.00

Average Age 35

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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