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Property investors have seen a 5.66% gain in SOUTHSIDE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SOUTHSIDE, 4570 saw average growth 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 $350,000
Profits averaged 3.13% per annum over a 3-year period, due to an upward trend in home prices in SOUTHSIDE, 4570.
This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
The gross rental yield in SOUTHSIDE, 4570 is 4.75%.
An average of 12.83 real estate transactions take place per month in SOUTHSIDE which translates to 154 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $350,000 | $224,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.66% | -8.57% |
| Median 12 month | 9.38% | 2.52% |
| Median 3 years | 9.38% | 11.72% |
| Median 5 years | 10.58% | -15.87% |
| 10 years average annual | 0.57% | 5.66% |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 86.0 days | 0.0 days |
| Gross Rental Yield Percent | 4.75% | N/A |
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