Sydney, Melbourne boast highest capital city sales
After a COVID-induced downturn, Sydney and Melbourne have reinforced their continued recovery, logging more sales than the remaining capital...
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 Price | $620,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.97% | N/A |
| 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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