BLACKALL, 4472 ranks 58th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 36.99% 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 $250,000.
The upward trend in home prices in BLACKALL, 4472 averaged 20.43% per annum over a 3-year period.
Average weekly rents on listings have reached the $300 mark, reflecting a 6.24% increase in returns based on the current median price in BLACKALL.
An average of 2.75 real estate transactions take place per month in BLACKALL which translates to 33 per annum.
33 properties were sold in BLACKALL in 2016, making it the 401st most active market in QLD based on total real estate transactions.
BLACKALL, 4472 places 662nd in Australia based on median property value growth during the quarter.