Victoria Breaks Residential Property Price Records
According to the Real Estate Institute of Victoria's (REIV) September quarter report, Victoria's residential median prop...
Property investors enjoyed capital gains of 21.36% over the last 12 months in CABOOLTURE SOUTH, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 3.59% growth over a ten-year period. It ranks 2698th on our list of suburbs that property investors should look into.
CABOOLTURE SOUTH, 4510 has a capital gain of 21.36% for the past year, which is higher than average compared to its 33.71% growth within a five-year period.
With the median home price in CABOOLTURE SOUTH sitting at $387,750, and the average rent at $355, property owners could potentially earn a 4.76% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CABOOLTURE SOUTH are high, as opposed to average gains per annum over the past five years.
CABOOLTURE SOUTH, 4510 in QLD belongs to the local government area of Moreton Bay (R).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||21.36%||N/A|
|Median 3 years||27.13%||N/A|
|Median 5 years||33.71%||-34.49%|
|10 years average annual||3.59%||N/A|
|Weekly media advert. rent||$355||$350|
|Time on Market||43.9 days||0.0 days|
|Gross Rental Yield Percent||4.76%||10.71%|