Property investors have seen a 0.83% gain in NORTH LAKES based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NORTH LAKES, 4509 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 $485,000
Profits averaged 2.45% per annum over a 3-year period, due to an upward trend in home prices in NORTH LAKES, 4509.
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 NORTH LAKES, 4509 is 4.5%.
An average of 36.17 real estate transactions take place per month in NORTH LAKES which translates to 434 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.19%||2.15%|
|Median 3 years||7.34%||12.67%|
|Median 5 years||12.79%||14.59%|
|10 years average annual||1.96%||3.63%|
|Weekly media advert. rent||$420||$360|
|Time on Market||60.2 days||143.6 days|
|Gross Rental Yield Percent||4.5%||4.63%|