DALBY, 4405 ranks 276th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 27.27% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $560,000.
The upward trend in home prices in DALBY, 4405 averaged 25.93% per annum over a 3-year period.
Average weekly rents on listings have reached the $537.5 mark, reflecting a 4.99% increase in returns based on the current median price in DALBY.
An average of 23 real estate transactions take place per month in DALBY which translates to 276 per annum.
276 properties were sold in DALBY in 2016, making it the 466th most active market in QLD based on total real estate transactions.
DALBY, 4405 places 295th in Australia based on median property value growth during the quarter.
The 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 $410,000.
Average median unit prices in QLD have risen as a whole, pulling DALBY, 4405 values up and netting property investors a capital gain of 22.02% for the past year.
Investors saw the median home price rise to $410,000.
The upward trend in home prices in DALBY, 4405 averaged 17.47% per annum over a 3-year period.
DALBY now ranks at the th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in DALBY are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In DALBY, homes and units usually stay on listing for an average of 38.7 days.
17 properties were sold in DALBY in 2016, making it the 311th most active market in QLD based on total real estate transactions.