Property investors have seen a 0% 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 $480,000
Profits averaged 2.36% 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 $425 based on current median home prices for the suburb.
The gross rental yield in NORTH LAKES, 4509 is 4.6%.
An average of 38.58 real estate transactions take place per month in NORTH LAKES which translates to 463 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.23%||5.63%|
|Median 3 years||7.08%||16.23%|
|Median 5 years||11.63%||18.2%|
|10 years average annual||2.12%||4.1%|
|Weekly media advert. rent||$425||$365|
|Time on Market||62.0 days||110.9 days|
|Gross Rental Yield Percent||4.6%||4.55%|