Property investors have seen a -0.75% 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 $330,000
Profits averaged 1.04% 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 $312.5 based on current median home prices for the suburb.
The gross rental yield in SOUTHSIDE, 4570 is 4.92%.
An average of 11.08 real estate transactions take place per month in SOUTHSIDE which translates to 133 per annum.
Property investments in SOUTHSIDE did not fare well against the rest of the country last year, registering a median home price decrease of -8.33%.
Figures from the previous quarter show that capital gains for real estate buyers in SOUTHSIDE are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains SOUTHSIDE, 4570 saw average decrease in the long term.
It is expected for properties to spend some time on the market prior to a successful sale. In SOUTHSIDE, homes and units usually stay on listing for an average of 0.0 days.
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 $242,000
Investors saw the median home price rise to $242,000.
SOUTHSIDE ranks 370th on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
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