Property investors enjoyed capital gains of 22.76% over the last 12 months in JOYNER, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 4.33% growth over a ten-year period. It ranks 1760th on our list of suburbs that property investors should look into.
JOYNER, 4500 has a capital gain of 22.76% for the past year, which is higher than average compared to its 39.74% growth within a five-year period.
With the median home price in JOYNER sitting at $712,000, and the average rent at $435, property owners could potentially earn a 3.18% increase in gross rental yield.
A 22.76% increase in median property prices in JOYNER, 4500 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 27th.
Figures from the previous quarter show that capital gains for real estate buyers in JOYNER are high, as opposed to average gains per annum over the past five years.
JOYNER, 4500 in QLD belongs to the local government area of Moreton Bay.