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AREA REPORTS

Meridan Plains

Suburb Profile

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

house
unit

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 $470 based on current median home prices for the suburb.

On average, rents on listings have reached the $470 mark, reflecting a 4.66% increase in returns based on the current median price in MERIDAN PLAINS.

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

While it ranks 439th on the list of best yielding suburbs for rental properties in QLD, posting a 4.66% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 $395,000
GROWTH REPORT
Median Quarterly 1.94% 0.64%
Median 12 month 0% -2.82%
Median 3 years 0.57% -2.69%
Median 5 years 14.88% 0%
10 years average annual 2.4% 2.36%
Weekly media advert. rent $470 $430
Time on Market 70.4 days 117.0 days
Gross Rental Yield Percent 4.66% 5.66%
demographics (median values)
Total Population
784
Weekly Household Income
927.9
Household Size
2.60
demographics
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Top 10 Birth Countries
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Household Income
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