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 1.42% 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 2.83 real estate transactions take place per month in OAKEY which translates to 34 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.41%||N/A|
|Median 3 years||4.26%||N/A|
|Median 5 years||11.36%||N/A|
|10 years average annual||3.58%||N/A|
|Weekly media advert. rent||$270||N/A|
|Time on Market||135.1 days||N/A|
|Gross Rental Yield Percent||5.73%||N/A|