TEWANTIN ranks 249th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 9.11% for the past year is higher than average compared to its 41.5% growth within a five-year period.
Also in TEWANTIN, the median home price is sitting at $566,000, and the average rent at $482.5, this suggests property owners could potentially earn a 4.43% increase in gross rental yield.
Property investors have seen a 1.98% gain in TEWANTIN based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.66% growth over a ten-year period. It ranks 2640th on our list of suburbs that property investors should look into.
A 11.49% increase in median property prices in TEWANTIN, 4565 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 51st.
A steady increase in median property prices over a five-year period in TEWANTIN, 4565 translates to a 29.08% capital gain.
TEWANTIN, 4565 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 $364,000.
Augmented property values in TEWANTIN are trailing above the QLD average of 0.61% for the past year.
Real estate investors could earn a rental income of $395 based on current median home prices for the suburb.
Home owners selling their properties and realtors in TEWANTIN usually have to wait an average of 63.4 days days before their assets are lifted off the market.
TEWANTIN ranks 126th on the list of best yielding suburbs for rental properties in QLD, posting a 5.64% return.
TEWANTIN, 4565 places 49th in Australia based on median property value growth during the quarter.