Federal Election Results Revealed: What It Means For Investors
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PEREGIAN SPRINGS, 4573 ranks 1208th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 28.85% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $924,500.
The upward trend in home prices in PEREGIAN SPRINGS, 4573 averaged 14.82% per annum over a 3-year period.
Average weekly rents on listings have reached the $685 mark, reflecting a 3.85% increase in returns based on the current median price in PEREGIAN SPRINGS.
An average of 20.83 real estate transactions take place per month in PEREGIAN SPRINGS which translates to 250 per annum.
250 properties were sold in PEREGIAN SPRINGS in 2016, making it the 502nd most active market in QLD based on total real estate transactions.
PEREGIAN SPRINGS, 4573 places 263rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||28.85%||35.51%|
|Median 3 years||44.45%||20.59%|
|Median 5 years||53.89%||68.82%|
|10 years average annual||6.66%||8.75%|
|Weekly media advert. rent||$685||$360|
|Time on Market||27.4 days||25.6 days|
|Gross Rental Yield Percent||3.85%||2.61%|