Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
Subscribe to our newsletter
Property investors have seen a 0% gain in NARANGBA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NARANGBA, 4504 saw average growth in the long term.
The QLD 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 $490,000
Profits averaged 2.96% per annum over a 3-year period, due to an upward trend in home prices in NARANGBA, 4504.
This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
The gross rental yield in NARANGBA, 4504 is 4.46%.
An average of 28.92 real estate transactions take place per month in NARANGBA which translates to 347 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $490,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 0% | N/A |
| Median 3 years | 8.89% | N/A |
| Median 5 years | 11.3% | N/A |
| 10 years average annual | 1.25% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 73.7 days | N/A |
| Gross Rental Yield Percent | 4.46% | N/A |
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
Aussie national retail groups and shopping centre landlords have reached an agreement on a set of retail leasing principles, presenting a un...
In a press conference following the most recent national cabinet meeting, Prime Minister Scott Morrison has weighed in on the government’s...
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
Landlords have received welcome news, with the Minister for Housing confirming there is no rental freeze during the moratorium. ...
The Reserve Bank has “no appetite” for negative interest rates, with the current cash rate locked in for an “extended period”, the c...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
