Based on its average 5-year and quarterly capital gains DECEPTION BAY, 4508 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that DECEPTION BAY, 4508 obtained a 1.31% growth over a ten-year period. It ranks 3483rd on our list of suburbs that property investors should look into.
DECEPTION BAY, 4508 in QLD belongs to the local government area of Moreton Bay.
DECEPTION BAY, 4508 has a capital gain of 2.9% for the past year, which is lower than average compared to its 25.44% growth within a five-year period.
With the median home price in DECEPTION BAY sitting at $355,000, and the average rent at $330, property owners could potentially earn a 4.83% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in DECEPTION BAY are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on DECEPTION BAY, 4508 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.66%.
A steady increase in median property prices over a five-year period in DECEPTION BAY, 4508 translates to a 13.64% capital gain.
Property investors enjoyed capital gains of 10.66% over the last 12 months in DECEPTION BAY, translating to lower returns compared with its peers in QLD.
DECEPTION BAY, 4508 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 $275,000.
Profits due to an upward trend in home prices in DECEPTION BAY, 4508 averaged 4.55% per annum over a 3-year period.
Home owners selling their properties and realtors in DECEPTION BAY usually have to wait an average of 110.5 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $310 mark, reflecting a 5.86% increase in returns based on the current median price in DECEPTION BAY.
DECEPTION BAY, 4508 places 138th in Australia based on median property value growth during the quarter.