Sharon

POSTAL CODE: QLD, 4670

HOUSE

SHARON, 4670 ranks 743rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 19.57% for property investors.

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

The 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 $837,000.

The upward trend in home prices in SHARON, 4670 averaged 12.4% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in SHARON.

An average of 2 real estate transactions take place per month in SHARON which translates to 24 per annum.

24 properties were sold in SHARON in 2016, making it the 531st most active market in QLD based on total real estate transactions.

SHARON, 4670 places 98th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$837,000	N/A
Growth Report
Median Quarterly	8.77%	N/A
Median 12 month	19.57%	N/A
Median 3 years	37.21%	N/A
Median 5 years	100.48%	N/A
10 years average annual	12.12%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	63.1 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 1125

Weekly Household Income 768

Household Size 2.80

Average Age 41

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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