CLINTON, 4680 ranks 896th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.05% 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 $560,500.
The upward trend in home prices in CLINTON, 4680 averaged 17.3% per annum over a 3-year period.
Average weekly rents on listings have reached the $530 mark, reflecting a 4.92% increase in returns based on the current median price in CLINTON.
An average of 16.83 real estate transactions take place per month in CLINTON which translates to 202 per annum.
202 properties were sold in CLINTON in 2016, making it the 595th most active market in QLD based on total real estate transactions.
CLINTON, 4680 places 838th 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 $426,500.
Average median unit prices in QLD have risen as a whole, pulling CLINTON, 4680 values up and netting property investors a capital gain of 18.47% for the past year.
Investors saw the median home price rise to $426,500.
The upward trend in home prices in CLINTON, 4680 averaged 23.53% per annum over a 3-year period.
CLINTON now ranks at the 385th 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 $380 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.
14 properties were sold in CLINTON in 2016, making it the 343rd most active market in QLD based on total real estate transactions.