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Property investors have seen a 5.01% gain in MILES based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MILES, 4415 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 22.76%.
Based on its average 5-year and quarterly capital gains MILES, 4415 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 $178,000
Profits averaged 3.75% per annum over a 3-year period, due to an upward trend in home prices in MILES, 4415.
This means, real estate investors could earn a rental income of $260 based on current median home prices for the suburb.
The gross rental yield in MILES, 4415 is 7.6%.
An average of 2.75 real estate transactions take place per month in MILES which translates to 33 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||22.76%||N/A|
|Median 3 years||11.25%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||4.49%||N/A|
|Weekly media advert. rent||$260||N/A|
|Time on Market||73.9 days||N/A|
|Gross Rental Yield Percent||7.6%||N/A|