House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
A steady increase in median property prices over a five-year period in the suburb translates to a 84.1% capital gain.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,100,000.
Profits due to an upward trend in home prices there averaged 28.03% per annum over a 3-year period.
Home owners selling their properties and realtors in KURWONGBAH usually have to wait an average of 23.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in KURWONGBAH.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||84.1%||N/A|
|Median 5 years||105.99%||N/A|
|10 years average annual||12.22%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||23.7 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|