Homeowners and real estate investors betting on BATTERY HILL, 4551 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 20.83%.
A steady increase in median property prices over a five-year period in the suburb translates to a 31.22% capital gain.
Property investors in BATTERY HILL enjoyed capital gains of 20.83% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also 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 $580,000.
Profits due to an upward trend in home prices there averaged 10.41% per annum over a 3-year period.
Home owners selling their properties and realtors in BATTERY HILL usually have to wait an average of 35.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $450 mark, reflecting a 4.03% increase in returns based on the current median price in BATTERY HILL.
BATTERY HILL, 4551 places 62nd in Australia based on median property value growth during the quarter.
Property investors in BATTERY HILL enjoyed capital gains of 9.93% over the last 12 months translating to lower returns compared with its peers in the territory.
BATTERY HILL posted a 11.76% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
Real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $330 mark, reflecting a 6.02% increase in returns based on the current median price in BATTERY HILL.
BATTERY HILL, 4551 ranks 60th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
BATTERY HILL ranks 84th on the list of best yielding suburbs for rental properties in QLD, posting a 6.02% return.
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