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.
This number can mean, real estate investors could earn a rental income of $462.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $462.5 mark, reflecting a 4.69% increase in returns based on the current median price in MERIDAN PLAINS.
MERIDAN PLAINS, 4551 ranks 713th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 362nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.69% return.
Property investors have seen a 0.13% gain in MERIDAN PLAINS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MERIDAN PLAINS, 4551 saw average growth in the long term.
MERIDAN PLAINS, 4551 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 $393,000.
Profits due to an upward trend in home prices in MERIDAN PLAINS, 4551 averaged 0.27% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
The gross rental yield in MERIDAN PLAINS, 4551 is 5.29%.
An average of 2.08 real estate transactions take place per month in MERIDAN PLAINS which translates to 25 per annum.
great article Cate Bakos!
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