Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Property investors enjoyed capital gains of 12% over the last 12 months in ELI WATERS, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 1.33% growth over a ten-year period. It ranks 3694th on our list of suburbs that property investors should look into.
ELI WATERS, 4655 has a capital gain of 12% for the past year, which is higher than average compared to its 11.31% growth within a five-year period.
With the median home price in ELI WATERS sitting at $364,000, and the average rent at $410, property owners could potentially earn a 5.86% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ELI WATERS are low, as opposed to average gains per annum over the past five years.
ELI WATERS, 4655 in QLD belongs to the local government area of Fraser Coast (R).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12%||N/A|
|Median 3 years||9.64%||N/A|
|Median 5 years||11.31%||N/A|
|10 years average annual||1.33%||N/A|
|Weekly media advert. rent||$410||N/A|
|Time on Market||54.0 days||N/A|
|Gross Rental Yield Percent||5.86%||N/A|