How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
Property investors have seen a 6.19% gain in PIALBA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on PIALBA, 4655 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 16.13%.
Based on its average 5-year and quarterly capital gains PIALBA, 4655 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 6.14% per annum over a 3-year period, due to an upward trend in home prices in PIALBA, 4655.
This means, real estate investors could earn a rental income of $372.5 based on current median home prices for the suburb.
The gross rental yield in PIALBA, 4655 is 5.38%.
An average of 7.67 real estate transactions take place per month in PIALBA which translates to 92 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.13%||3.56%|
|Median 3 years||18.42%||-11.13%|
|Median 5 years||25%||1.7%|
|10 years average annual||1.83%||1.03%|
|Weekly media advert. rent||$372.5||$320|
|Time on Market||75.8 days||71.5 days|
|Gross Rental Yield Percent||5.38%||6.72%|