Murrumba Downs

POSTAL CODE: QLD, 4503

HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 38.02% capital gain.

It 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 $1,020,000

The augmented property values in the suburb are trailing above the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $680.

Home owners selling their properties and realtors in MURRUMBA DOWNS usually have to wait an average of 30 days days before their assets are lifted off the market.

The QLD suburb ranks 501st on the list of best yielding suburbs for rental properties in QLD, posting a 3.47% return.

It also places places 685th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,020,000	N/A
Growth Report
Median Quarterly	1.8%	N/A
Median 12 month	12.4%	N/A
Median 3 years	38.02%	N/A
Median 5 years	91.91%	N/A
10 years average annual	8.01%	N/A
Weekly media advert. rent	$680	N/A
Time on Market	30 days	N/A
Gross Rental Yield Percent	3.47%	N/A

Demographics (Median Values)*

Total Population 7092

Weekly Household Income 1323

Household Size 2.90

Average Age 35

Monthly Loan Repayment 1400

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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