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AGNES WATER, 4677 ranks 612th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.43% 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 $407,500.
The upward trend in home prices in AGNES WATER, 4677 averaged 1.5% per annum over a 3-year period.
Average weekly rents on listings have reached the $400 mark, reflecting a 5.1% increase in returns based on the current median price in AGNES WATER.
An average of 12 real estate transactions take place per month in AGNES WATER which translates to 144 per annum.
144 properties were sold in AGNES WATER in 2016, making it the 772nd most active market in QLD based on total real estate transactions.
AGNES WATER, 4677 places 228th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.43%||0%|
|Median 3 years||4.49%||-0.87%|
|Median 5 years||-0.24%||7.55%|
|10 years average annual||0.24%||-1.17%|
|Weekly media advert. rent||$400||$297.5|
|Time on Market||132.1 days||182.8 days|
|Gross Rental Yield Percent||5.1%||5.43%|