Why these suburbs are faring better than others as prices fall
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
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 $63,000.
Average weekly rents on listings have reached the $160 mark, reflecting a 0% increase in returns based on the current median price in BLACKALL.
An average of 1.42 real estate transactions take place per month in BLACKALL which translates to 17 per annum.
17 properties were sold in BLACKALL in 2016, making it the 620th most active market in QLD based on total real estate transactions.
BLACKALL, 4472 places 809th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $63,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -25.88% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | $160 | N/A |
| Time on Market | 85.2 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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