Double-digit price growth to stick around as ‘property boom’ arrives
According to leading indicators, Australia’s property boom officially began in November, following several slow months on the back of the ...
Based on its average 5-year and quarterly capital gains KOBBLE CREEK, 4520 saw average growth in the long term.
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 105.0 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $755,000.
KOBBLE CREEK ranks 790th on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $755,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 17.05% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 4.95% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 105.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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