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Property investors enjoyed capital gains of 8.96% over the last 12 months in PALMVIEW, translating to lower returns compared with its peers in QLD.
This number can mean, real estate investors could earn a rental income of $495 based on current median home prices for the suburb.
On average, rents on listings have reached the $495 mark, reflecting a 4.15% increase in returns based on the current median price in PALMVIEW.
PALMVIEW, 4553 ranks 234th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 531st on the list of best yielding suburbs for rental properties in QLD, posting a 4.15% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.96%||N/A|
|Median 3 years||-21.02%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-5.46%||N/A|
|Weekly media advert. rent||$495||N/A|
|Time on Market||106.4 days||N/A|
|Gross Rental Yield Percent||4.15%||N/A|
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