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Avondale
AREA REPORTS

Avondale

Avondale - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4670

house

Property investments in AVONDALE did not fare well against the rest of the country last year, registering a median home price decrease of 2.33%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains AVONDALE, 4670 saw average growth in the long term.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 54.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $330,000.

AVONDALE ranks 862nd on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.

Data report can be found below

Avondale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $330,000 N/A
GROWTH REPORT
Median Quarterly 4.76% N/A
Median 12 month 2.33% N/A
Median 3 years 69.23% N/A
Median 5 years 50% N/A
10 years average annual 2.49% N/A
Weekly media advert. rent N/A N/A
Time on Market 54.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
724
Weekly Household Income
685.8
Household Size
2.80
Age
43
Monthly Loan Repayment
867
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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