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 $245,000
Profits averaged 2.96% per annum over a 3-year period, due to an upward trend in home prices in OAKEY, 4401.
This means, real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
The gross rental yield in OAKEY, 4401 is 5.73%.
An average of 3.08 real estate transactions take place per month in OAKEY which translates to 37 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.41%||N/A|
|Median 3 years||8.89%||N/A|
|Median 5 years||13.95%||N/A|
|10 years average annual||3.09%||N/A|
|Weekly media advert. rent||$270||N/A|
|Time on Market||159.1 days||N/A|
|Gross Rental Yield Percent||5.73%||N/A|