Housing market reached turning point mid-2019
New research has supported the idea that Australia’s housing market “reached a turning point” midway through 2019. ...
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A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -0.35% decrease over a ten-year period. It ranks 4175th on our list of suburbs that property investors should look into.
BELLMERE, 4510 has a capital gain of -1.41% for the past year, which is lower than average compared to its 4.48% growth within a five-year period.
With the median home price in BELLMERE sitting at $350,000, and the average rent at $360, property owners could potentially earn a 5.35% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BELLMERE are low, as opposed to average gains per annum over the past five years.
BELLMERE, 4510 in QLD belongs to the local government area of Moreton Bay (R).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $350,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -1.41% | N/A |
| Median 3 years | 0.86% | N/A |
| Median 5 years | 4.48% | N/A |
| 10 years average annual | -0.35% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 82.5 days | N/A |
| Gross Rental Yield Percent | 5.35% | N/A |
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