Big incentives for property investors under new housing package
As part of its housing affordability plans, the federal opposition has announced its plans to incentivise property investors should it come ...
DICKY BEACH, 4551 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in QLD have risen as a whole, pulling DICKY BEACH, 4551 values up and netting property investors a capital gain of 6.32% for the past year.
Investors saw the median home price rise to $786,000.
Profits due to an upward trend in home prices in the suburb averaged 1.72% per annum over a 3-year period.
Because of this real estate investors could earn a rental income of $500 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In DICKY BEACH, homes and units usually stay on listing for an average of 50.0 days.
In 2016, 27 properties were sold in DICKY BEACH during the past year, making it the 435th most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $786,000 | $354,500 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 3.58% |
| Median 12 month | 6.32% | 2.46% |
| Median 3 years | 5.15% | 13.99% |
| Median 5 years | 40.36% | 33.77% |
| 10 years average annual | 3.06% | 3.45% |
| Weekly media advert. rent | $500 | $380 |
| Time on Market | 50.0 days | 91.4 days |
| Gross Rental Yield Percent | 3.31% | 5.57% |
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