Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $607,500.
The upward trend in home prices in MAPLETON, 4560 averaged 5.24% per annum over a 3-year period.
Average weekly rents on listings have reached the $520 mark, reflecting a 4.45% increase in returns based on the current median price in MAPLETON.
An average of 3 real estate transactions take place per month in MAPLETON which translates to 36 per annum.
36 properties were sold in MAPLETON in 2016, making it the 354th most active market in QLD based on total real estate transactions.
MAPLETON, 4560 places 509th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $607,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.25% | N/A |
| Median 12 month | 10.45% | N/A |
| Median 3 years | 15.71% | N/A |
| Median 5 years | 33.52% | N/A |
| 10 years average annual | 4.56% | N/A |
| Weekly media advert. rent | $520 | N/A |
| Time on Market | 53.4 days | N/A |
| Gross Rental Yield Percent | 4.45% | N/A |
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