Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
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Property investors have seen a 0.14% gain in GOONDIWINDI based on an increase in median home prices for the past three months.
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 $348,000
Profits averaged 0.49% 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 $317.5 based on current median home prices for the suburb.
The gross rental yield in GOONDIWINDI, 4390 is 4.74%.
An average of 6 real estate transactions take place per month in GOONDIWINDI which translates to 72 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $348,000 | $281,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.14% | 0.36% |
| Median 12 month | -6.2% | N/A |
| Median 3 years | 1.46% | -14.07% |
| Median 5 years | 11.36% | N/A |
| 10 years average annual | 1.42% | 0.12% |
| Weekly media advert. rent | $317.5 | $200 |
| Time on Market | 86.4 days | 0.0 days |
| Gross Rental Yield Percent | 4.74% | 3.7% |
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