Kin Kora

POSTAL CODE: QLD, 4680

HOUSE

UNIT

Property investments in KIN KORA fare well against the rest of the country last year, registering a median home price increase of 13.21%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains KIN KORA, 4680 saw average growth in the long term.

Real estate investors could earn a rental income of $540 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 28.1 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $600,000.

KIN KORA ranks 120th on the list of best yielding suburbs for rental properties in QLD, posting a 4.68% return.

Based on its average 5-year and quarterly capital gains KIN KORA, 4680 saw average growth in the long term.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an upward trend in home prices in KIN KORA, 4680 averaged 24.23% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in KIN KORA.

An average of 1.17 real estate transactions take place per month in KIN KORA which translates to 14 per annum.

14 properties were sold in KIN KORA during the past year, making it the 349th most active market in QLD based on total real estate transactions.

KIN KORA, 4680 places 172nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$600,000	$425,000
Growth Report
Median Quarterly	6.62%	3.98%
Median 12 month	13.21%	18.38%
Median 3 years	65.75%	72.68%
Median 5 years	97.04%	0%
10 years average annual	6.91%	20%
Weekly media advert. rent	$540	N/A
Time on Market	28.1 days	N/A
Gross Rental Yield Percent	4.68%	0%

Demographics (Median Values)*

Total Population 2605

Weekly Household Income 1480

Household Size 2.90

Average Age 32

Monthly Loan Repayment 1213

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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