$18m investor shares his ‘life-changing’ first investment
Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...
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 $367,500.
The upward trend in home prices in JONES HILL, 4570 averaged 3.23% per annum over a 3-year period.
Average weekly rents on listings have reached the $362.5 mark, reflecting a 5.13% increase in returns based on the current median price in JONES HILL.
An average of 1.33 real estate transactions take place per month in JONES HILL which translates to 16 per annum.
16 properties were sold in JONES HILL in 2016, making it the 644th most active market in QLD based on total real estate transactions.
JONES HILL, 4570 places 422nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $367,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.41% | N/A |
| Median 12 month | 5% | N/A |
| Median 3 years | 9.7% | N/A |
| Median 5 years | 16.3% | N/A |
| 10 years average annual | 2.21% | N/A |
| Weekly media advert. rent | $362.5 | N/A |
| Time on Market | 65.5 days | N/A |
| Gross Rental Yield Percent | 5.13% | N/A |
Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...
The president of the Real Estate Institute of Australia has concerns about investors who are in the current market for a quick win, and is f...
Housing affordability in key capital city markets is showing signs of life after several years of rapid deterioration, according to a nation...
While spring is traditionally when property owners treat their homes to a bit of ‘spit and polish’, it’s also an ideal time to give in...
Property lecturer and Property Investment Professionals of Australia (PIPA) chairman Peter Koulizos shares the suburbs set to grow in each c...
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...