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 $610,000.
The upward trend in home prices in CLINTON, 4680 averaged 21.62% per annum over a 3-year period.
Average weekly rents on listings have reached the $550 mark, reflecting a 4.69% increase in returns based on the current median price in CLINTON.
An average of 15 real estate transactions take place per month in CLINTON which translates to 180 per annum.
180 properties were sold in CLINTON in 2016, making it the 652nd most active market in QLD based on total real estate transactions.
CLINTON, 4680 places 427th in Australia based on median property value growth during the quarter.
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 $442,500.
Investors saw the median home price rise to $442,500.
The upward trend in home prices in CLINTON, 4680 averaged 22.54% per annum over a 3-year period.
CLINTON now ranks at the 380th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in CLINTON are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In CLINTON, homes and units usually stay on listing for an average of N/A.
16 properties were sold in CLINTON in 2016, making it the 317th most active market in QLD based on total real estate transactions.