Property investors have seen a 3.16% gain in BURPENGARY EAST based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BURPENGARY EAST, 4505 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 12.34%.
Based on its average 5-year and quarterly capital gains BURPENGARY EAST, 4505 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 $972,250
Profits averaged 5% per annum over a 3-year period, due to an upward trend in home prices in BURPENGARY EAST, 4505.
This means, real estate investors could earn a rental income of $660 based on current median home prices for the suburb.
The gross rental yield in BURPENGARY EAST, 4505 is 3.53%.
An average of 17.5 real estate transactions take place per month in BURPENGARY EAST which translates to 210 per annum.
Property investments in BURPENGARY EAST fare well against the rest of the country last year, registering a median home price increase of 14.42%.
Figures from the previous quarter show that capital gains for real estate buyers in BURPENGARY EAST are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BURPENGARY EAST, 4505 saw average growth in the long term.
This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In BURPENGARY EAST, homes and units usually stay on listing for an average of N/A.
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 $595,000
Investors saw the median home price rise to $595,000.
BURPENGARY EAST ranks 377th on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.