Property investors enjoyed capital gains of 27.22% over the last 12 months in SVENSSON HEIGHTS, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in SVENSSON HEIGHTS are low, as opposed to average gains per annum over the past five years.
The suburb posted a 67.12% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
On average, rents on listings have reached the $550 mark, reflecting a 4.69% increase in returns based on the current median price in SVENSSON HEIGHTS.
SVENSSON HEIGHTS, 4670 ranks 79th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 152nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.69% return.
Property investors have seen a 0% gain in SVENSSON HEIGHTS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SVENSSON HEIGHTS, 4670 saw average growth in the long term.
SVENSSON HEIGHTS, 4670 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 $375,000.
Profits due to an upward trend in home prices in SVENSSON HEIGHTS, 4670 averaged 0% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in SVENSSON HEIGHTS, 4670 is 4.85%.
An average of 1.42 real estate transactions take place per month in SVENSSON HEIGHTS which translates to 17 per annum.