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 2.31% growth over a ten-year period. It ranks 2846th on our list of suburbs that property investors should look into.
NINGI, 4511 in QLD belongs to the local government area of Moreton Bay.
NINGI, 4511 has a capital gain of 6.03% for the past year, which is higher than average compared to its 23% growth within a five-year period.
With the median home price in NINGI sitting at $461,250, and the average rent at $400, property owners could potentially earn a 4.51% 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.
NINGI, 4511 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 $282,500.
Profits due to an downward trend in home prices in NINGI, 4511 averaged -6.42% per annum over a 3-year period.
Home owners selling their properties and realtors in NINGI usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $345 mark, reflecting a 6.35% increase in returns based on the current median price in NINGI.
NINGI, 4511 places 120th in Australia based on median property value growth during the quarter.