Housing to become more affordable next year: expert
Housing affordability will continue to improve moderately over the next 12 months because of low mortgage interest rates and lower housing p...
Based on its average 5-year and quarterly capital gains NINGI, 4511 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that NINGI, 4511 obtained a 0.39% growth over a ten-year period. It ranks 3599th on our list of suburbs that property investors should look into.
NINGI, 4511 in QLD belongs to the local government area of Moreton Bay (R).
NINGI, 4511 has a capital gain of 0.34% for the past year, which is lower than average compared to its 5.15% growth within a five-year period.
With the median home price in NINGI sitting at $449,000, and the average rent at $400, property owners could potentially earn a 4.63% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in NINGI are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $449,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.86% | N/A |
| Median 12 month | 0.34% | N/A |
| Median 3 years | 2.05% | N/A |
| Median 5 years | 5.15% | N/A |
| 10 years average annual | 0.39% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 70.9 days | N/A |
| Gross Rental Yield Percent | 4.63% | N/A |
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