The most common hidden costs in building quotes and contracts
It’s unfortunately very common to blow the budget on building projects. One of the main reasons costs blow out is that there are hidden c...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $650,000.
The upward trend in home prices in PEREGIAN SPRINGS, 4573 averaged 1.75% per annum over a 3-year period.
Average weekly rents on listings have reached the $530 mark, reflecting a 4.24% increase in returns based on the current median price in PEREGIAN SPRINGS.
An average of 16.75 real estate transactions take place per month in PEREGIAN SPRINGS which translates to 201 per annum.
201 properties were sold in PEREGIAN SPRINGS in 2016, making it the 549th most active market in QLD based on total real estate transactions.
PEREGIAN SPRINGS, 4573 places 586th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $650,000 | $487,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.76% | -3.47% |
| Median 12 month | 1.17% | -17.11% |
| Median 3 years | 5.26% | 0.21% |
| Median 5 years | 18.18% | 65.08% |
| 10 years average annual | 2.43% | 8.79% |
| Weekly media advert. rent | $530 | $390 |
| Time on Market | 89.4 days | 117.2 days |
| Gross Rental Yield Percent | 4.24% | 4.16% |
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