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 $127,500
This means, real estate investors could earn a rental income of $200 based on current median home prices for the suburb.
The gross rental yield in MILES, 4415 is 8.16%.
An average of 2.92 real estate transactions take place per month in MILES which translates to 35 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-10.53%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||6.94%||N/A|
|Weekly media advert. rent||$200||N/A|
|Time on Market||153.0 days||N/A|
|Gross Rental Yield Percent||8.16%||N/A|