Property investors have seen a 4.1% gain in PIALBA based on an increase in median home prices for the past three months.
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 $305,000
Profits averaged 0.56% 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 $300 based on current median home prices for the suburb.
The gross rental yield in PIALBA, 4655 is 5.11%.
An average of 5.08 real estate transactions take place per month in PIALBA which translates to 61 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.02%||-13.79%|
|Median 3 years||1.67%||-19.35%|
|Median 5 years||10.71%||-7.58%|
|10 years average annual||0.78%||1.34%|
|Weekly media advert. rent||$300||$287.5|
|Time on Market||107.5 days||117.1 days|
|Gross Rental Yield Percent||5.11%||5.98%|