Property investors have seen a -1.11% drop in CURRA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CURRA, 4570 saw average decrease in the long term.
the QLD 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 $268,000
Profits averaged 0.38% per annum over a 3-year period, due to an upward trend in home prices in CURRA, 4570.
This means, real estate investors could earn a rental income of $285 based on current median home prices for the suburb.
The gross rental yield in CURRA, 4570 is 5.53%.
An average of 3.92 real estate transactions take place per month in CURRA which translates to 47 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $268,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.11% | N/A |
| Median 12 month | 1.13% | N/A |
| Median 3 years | 1.13% | N/A |
| Median 5 years | -0.74% | N/A |
| 10 years average annual | 2% | N/A |
| Weekly media advert. rent | $285 | N/A |
| Time on Market | 96.7 days | N/A |
| Gross Rental Yield Percent | 5.53% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...