Property investors have seen a -1.92% drop in SOUTHSIDE based on a decrease 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 $320,000
Profits averaged 0% 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 $307.5 based on current median home prices for the suburb.
The gross rental yield in SOUTHSIDE, 4570 is 5%.
An average of 12.17 real estate transactions take place per month in SOUTHSIDE which translates to 146 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.03%||-32.43%|
|Median 3 years||0%||-32.8%|
|Median 5 years||1.59%||-3.85%|
|10 years average annual||0.4%||3.13%|
|Weekly media advert. rent||$307.5||N/A|
|Time on Market||95.3 days||0.0 days|
|Gross Rental Yield Percent||5%||N/A|