
487 Markets Join Million-dollar Property Club: CoreLogic
Australia’s property million-dollar club has continued to grow, as new research shows that more than one in five homes...
JONES HILL, 4570 ranks 311th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 42.11% for property investors.
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 $540,000.
The upward trend in home prices in JONES HILL, 4570 averaged 19.76% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in JONES HILL.
An average of 3.58 real estate transactions take place per month in JONES HILL which translates to 43 per annum.
43 properties were sold in JONES HILL in 2016, making it the 288th most active market in QLD based on total real estate transactions.
JONES HILL, 4570 places 229th in Australia based on median property value growth during the quarter.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $540,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 8.54% | N/A |
Median 12 month | 42.11% | N/A |
Median 3 years | 59.29% | N/A |
Median 5 years | 59.76% | N/A |
10 years average annual | 7.07% | N/A |
Weekly media advert. rent | N/A | N/A |
Time on Market | 31.4 days | N/A |
Gross Rental Yield Percent | N/A | N/A |