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Property investors have seen a -4% drop in THE PALMS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains THE PALMS, 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 $360,000
Profits averaged 6.01% per annum over a 3-year period, due to an upward trend in home prices in THE PALMS, 4570.
The gross rental yield in THE PALMS, 4570 is 0%.
An average of 1.92 real estate transactions take place per month in THE PALMS which translates to 23 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.09%||N/A|
|Median 3 years||18.03%||N/A|
|Median 5 years||29.73%||N/A|
|10 years average annual||1.78%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||82.5 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|
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