Property investors have seen a 2.63% 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 $292,500
Profits averaged -1.88% per annum over a 3-year period, due to an downward 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 5.33%.
An average of 4.67 real estate transactions take place per month in PIALBA which translates to 56 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.86%||-13.79%|
|Median 3 years||-5.65%||-19.35%|
|Median 5 years||6.36%||-21.88%|
|10 years average annual||0.62%||1.48%|
|Weekly media advert. rent||$300||$282.5|
|Time on Market||98.0 days||120.6 days|
|Gross Rental Yield Percent||5.33%||5.88%|