Property investments in BEERWAH fare well against the rest of the country last year, registering a median home price increase of 5.44%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BEERWAH, 4519 saw average growth in the long term.
Real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 75.7 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $465,000.
BEERWAH ranks 359th on the list of best yielding suburbs for rental properties in QLD, posting a 4.7% return.
BEERWAH, 4519 ranks 216th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.95% for property investors last year.
Profits due to an upward trend in home prices in BEERWAH, 4519 averaged 7.37% per annum over a 3-year period.
Average weekly rents on listings have reached the $330 mark, reflecting a 4.97% increase in returns based on the current median price in BEERWAH.
An average of 2.58 real estate transactions take place per month in BEERWAH which translates to 31 per annum.
31 properties were sold in BEERWAH during the past year, making it the 164th most active market in QLD based on total real estate transactions.
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