Property investments in KALLANGUR did not fare well against the rest of the country last year, registering a median home price decrease of 5.48%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains KALLANGUR, 4503 saw average growth in the long term.
Real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 38.7 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $385,000.
KALLANGUR ranks 239th on the list of best yielding suburbs for rental properties in QLD, posting a 5.06% return.
Based on its average 5-year and quarterly capital gains KALLANGUR, 4503 saw average decrease in the long term.
Profits due to an downward trend in home prices in KALLANGUR, 4503 averaged -4.22% per annum over a 3-year period.
Average weekly rents on listings have reached the $320 mark, reflecting a 5.74% increase in returns based on the current median price in KALLANGUR.
An average of 7.25 real estate transactions take place per month in KALLANGUR which translates to 87 per annum.
87 properties were sold in KALLANGUR during the past year, making it the 21st most active market in QLD based on total real estate transactions.
KALLANGUR, 4503 places 279th in Australia based on median property value growth during the quarter.
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