BLOG: Make sure your property manager isn’t taking you for a ride
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...
A steady increase in median property prices over a five-year period in the suburb translates to a 7.43% capital gain.
It 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 $256,750
The augmented property values in the suburb are trailing behind the territorial average of 2.4% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $285.
Home owners selling their properties and realtors in GYMPIE usually have to wait an average of 71.0 days days before their assets are lifted off the market.
The QLD suburb ranks 103rd on the list of best yielding suburbs for rental properties in QLD, posting a 5.77% return.
It also places places 572nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $256,750 | $236,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.25% | 1.51% |
| Median 12 month | 1.88% | -0.63% |
| Median 3 years | 7.43% | -9.23% |
| Median 5 years | 9.26% | 9.77% |
| 10 years average annual | -0.62% | -1.92% |
| Weekly media advert. rent | $285 | $257.5 |
| Time on Market | 71.0 days | 125.4 days |
| Gross Rental Yield Percent | 5.77% | 5.67% |
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...
The Federal Court has imposed a record penalty against a property spruiker and his firm for false or misleading representations about how pe...
Laws and regulations are making it easier for tenants to keep pets in your investment property. Here are five ways you can pet-proof and pro...
Despite the softening of major property markets, particularly Sydney and Melbourne, experts believe that investment opportunities remain for...
Fresh data shows the apartment market is continuing to evolve and subdue, based on a series of factors including supply, sentiment and finan...
Sydney's South-West is the beneficiary of major government spend and redevelopment, and some of its suburbs have seen double-digit growth in...