Property investments in MOOLOOLABA did not fare well against the rest of the country last year, registering a median home price decrease of 5.54%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MOOLOOLABA, 4557 saw average growth in the long term.
Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 62.4 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $715,000.
MOOLOOLABA ranks 565th on the list of best yielding suburbs for rental properties in QLD, posting a 4% return.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an upward trend in home prices in MOOLOOLABA, 4557 averaged 2.81% per annum over a 3-year period.
Average weekly rents on listings have reached the $385 mark, reflecting a 4.74% increase in returns based on the current median price in MOOLOOLABA.
An average of 25.08 real estate transactions take place per month in MOOLOOLABA which translates to 301 per annum.
301 properties were sold in MOOLOOLABA during the past year, making it the 170th most active market in QLD based on total real estate transactions.
MOOLOOLABA, 4557 places 204th in Australia based on median property value growth during the quarter.
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