Wage subsidy to ‘relieve financial pressure’ for tenants and landlords
The federal government’s recent JobKeeper wage subsidy is set to significantly help relieve rental and mortgage stress, according to the P...
Based on its average 5-year and quarterly capital gains FOREST GLEN, 4556 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that FOREST GLEN, 4556 obtained a 2.48% growth over a ten-year period. It ranks 2673rd on our list of suburbs that property investors should look into.
FOREST GLEN, 4556 in QLD belongs to the local government area of Sunshine Coast (R).
FOREST GLEN, 4556 has a capital gain of 4.08% for the past year, which is lower than average compared to its 22.95% growth within a five-year period.
With the median home price in FOREST GLEN sitting at $637,500, and the average rent at $530, property owners could potentially earn a 4.32% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in FOREST GLEN are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $637,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 4.08% | N/A |
| Median 3 years | 16.39% | N/A |
| Median 5 years | 22.95% | N/A |
| 10 years average annual | 2.48% | N/A |
| Weekly media advert. rent | $530 | N/A |
| Time on Market | 101.4 days | N/A |
| Gross Rental Yield Percent | 4.32% | N/A |
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