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SouthsideSouthside - SUBURB PROFILE REPORT
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Property investors have seen a 5.26% gain in SOUTHSIDE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SOUTHSIDE, 4570 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 29.87%.
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 $500,000
Profits averaged 14.98% 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 $380 based on current median home prices for the suburb.
The gross rental yield in SOUTHSIDE, 4570 is 3.95%.
An average of 15.75 real estate transactions take place per month in SOUTHSIDE which translates to 189 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $500,000 | $314,500 |
| GROWTH REPORT | ||
| Median Quarterly | 5.26% | 12.32% |
| Median 12 month | 29.87% | 28.37% |
| Median 3 years | 44.93% | N/A |
| Median 5 years | 53.85% | 14.36% |
| 10 years average annual | 5.07% | 4.71% |
| Weekly media advert. rent | $380 | $285 |
| Time on Market | 21.7 days | 25.7 days |
| Gross Rental Yield Percent | 3.95% | 4.71% |
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