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AREA REPORTS

Meridan Plains

Suburb Profile

Meridan Plains - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4551

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Property investors enjoyed capital gains of 1.94% over the last 12 months in MERIDAN PLAINS, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in MERIDAN PLAINS are low, as opposed to average gains per annum over the past five years.

The suburb posted a 0.02% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $465 based on current median home prices for the suburb.

On average, rents on listings have reached the $465 mark, reflecting a 4.61% increase in returns based on the current median price in MERIDAN PLAINS.

MERIDAN PLAINS, 4551 ranks 457th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 408th on the list of best yielding suburbs for rental properties in QLD, posting a 4.61% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 N/A
GROWTH REPORT
Median Quarterly -0.19% N/A
Median 12 month 1.94% N/A
Median 3 years 0.02% N/A
Median 5 years 17.06% N/A
10 years average annual 2.25% N/A
Weekly media advert. rent $465 N/A
Time on Market 60.6 days N/A
Gross Rental Yield Percent 4.61% N/A
demographics (median values)
Total Population
784
Weekly Household Income
927.9
Household Size
2.60
demographics
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