HOWARD, 4659 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in QLD have risen as a whole, pulling HOWARD, 4659 values up and netting property investors a capital gain of 11.71% for the past year.
Investors saw the median home price rise to $229,000.
Profits due to an upward trend in home prices in the suburb averaged 3.02% per annum over a 3-year period.
Because of this real estate investors could earn a rental income of $260 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In HOWARD, homes and units usually stay on listing for an average of 103.3 days.
In 2016, 34 properties were sold in HOWARD during the past year, making it the 365th most active market in QLD based on total real estate transactions.
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