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 19.92%.
A steady increase in median property prices over a five-year period in the suburb translates to a 30.83% capital gain.
Property investors in BATTERY HILL enjoyed capital gains of 19.92% 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 $575,000.
Profits due to an upward trend in home prices there averaged 10.28% per annum over a 3-year period.
Home owners selling their properties and realtors in BATTERY HILL usually have to wait an average of 32.5 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $442.5 mark, reflecting a 4% increase in returns based on the current median price in BATTERY HILL.
BATTERY HILL, 4551 places 66th in Australia based on median property value growth during the quarter.
Figures from the previous quarter show that capital gains for real estate buyers in BATTERY HILL are low, as opposed to average gains per annum over the past five years.
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 6.36% increase in returns based on the current median price in BATTERY HILL.
BATTERY HILL, 4551 ranks th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
BATTERY HILL ranks 62nd on the list of best yielding suburbs for rental properties in QLD, posting a 6.36% return.
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