$170m development to benefit Melbourne’s eastern suburbs
MaxCap Group has closed a $170 million senior debt deal for a development finance that will be used to deliver an exciting project in Melbou...
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -0.44% decrease over a ten-year period. It ranks 4173rd 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 | 1.45% | N/A |
| Median 5 years | 4.48% | N/A |
| 10 years average annual | -0.44% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 77.2 days | N/A |
| Gross Rental Yield Percent | 5.35% | N/A |
MaxCap Group has closed a $170 million senior debt deal for a development finance that will be used to deliver an exciting project in Melbou...
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