AREA REPORTS

Nanango

Suburb Profile

Nanango - FREE SUBURB PROFILE REPORT

POSTAL CODE: QLD,4615

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Based on its average 5-year and quarterly capital gains, the suburb saw average decrease 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 $195,000.

The upward trend in home prices in NANANGO, 4615 averaged 0.88% per annum over a 3-year period.

Average weekly rents on listings have reached the $245 mark, reflecting a 6.53% increase in returns based on the current median price in NANANGO.

An average of 5 real estate transactions take place per month in NANANGO which translates to 60 per annum.

60 properties were sold in NANANGO in 2016, making it the 165th most active market in QLD based on total real estate transactions.

NANANGO, 4615 places 581st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$195,000	N/A
GROWTH REPORT
Median Quarterly	-1.27%	N/A
Median 12 month	-9.3%	N/A
Median 3 years	2.63%	N/A
Median 5 years	-12.85%	N/A
10 years average annual	-0.31%	N/A
Weekly media advert. rent	$245	N/A
Time on Market	148.2 days	N/A
Gross Rental Yield Percent	6.53%	N/A

demographics (median values)

Total Population

3422

Weekly Household Income

596.1

Household Size

2.50

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