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Property investors enjoyed capital gains of 25.2% over the last 12 months in PIE CREEK, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in PIE CREEK are high, as opposed to average gains per annum over the past five years.
The suburb posted a 12.05% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in PIE CREEK.
PIE CREEK, 4570 ranks 19th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 794th on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $469,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 14.51% | N/A |
| Median 12 month | 25.2% | N/A |
| Median 3 years | 12.05% | N/A |
| Median 5 years | 36.09% | N/A |
| 10 years average annual | 6.99% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 75.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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