Property Market Update: Melbourne, September 2021
Melbourne’s property market kept the ball rolling in September as the city’s dwelling values rose once more during t...
DALBY, 4405 ranks 3915th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 1.92% 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 $265,000.
The upward trend in home prices in DALBY, 4405 averaged 2% per annum over a 3-year period.
Average weekly rents on listings have reached the $280 mark, reflecting a 5.49% increase in returns based on the current median price in DALBY.
An average of 22 real estate transactions take place per month in DALBY which translates to 264 per annum.
264 properties were sold in DALBY in 2016, making it the 472nd most active market in QLD based on total real estate transactions.
DALBY, 4405 places 784th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.92%||N/A|
|Median 3 years||6%||N/A|
|Median 5 years||2.32%||N/A|
|10 years average annual||-0.24%||1.68%|
|Weekly media advert. rent||$280||$215|
|Time on Market||98.1 days||0.0 days|
|Gross Rental Yield Percent||5.49%||4.97%|