Property investors enjoyed capital gains of 16.7% over the last 12 months in BARNEY POINT, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in BARNEY POINT are low, as opposed to average gains per annum over the past five years.
The suburb posted a 51.5% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
On average, rents on listings have reached the $450 mark, reflecting a 5.47% increase in returns based on the current median price in BARNEY POINT.
BARNEY POINT, 4680 ranks 318th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 50th on the list of best yielding suburbs for rental properties in QLD, posting a 5.47% return.
Property investors have seen a 14.29% gain in BARNEY POINT based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BARNEY POINT, 4680 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 20%.
Based on its average 5-year and quarterly capital gains BARNEY POINT, 4680 saw average growth in the long term.
BARNEY POINT, 4680 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 $360,000.
Profits due to an upward trend in home prices in BARNEY POINT, 4680 averaged 4.46% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
The gross rental yield in BARNEY POINT, 4680 is 5.78%.
An average of 1.08 real estate transactions take place per month in BARNEY POINT which translates to 13 per annum.