Berserker

POSTAL CODE: QLD, 4701

HOUSE

UNIT

Property investors have seen a 6.24% gain in BERSERKER based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BERSERKER, 4701 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 22.85%.

Based on its average 5-year and quarterly capital gains BERSERKER, 4701 saw average growth in the long term.

The QLD 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 $485,000

Profits averaged 26.33% per annum over a 3-year period, due to an upward trend in home prices in BERSERKER, 4701.

This means, real estate investors could earn a rental income of $490 based on current median home prices for the suburb.

The gross rental yield in BERSERKER, 4701 is 5.25%.

An average of 20 real estate transactions take place per month in BERSERKER which translates to 240 per annum.

Property investments in BERSERKER fare well against the rest of the country last year, registering a median home price increase of 17.14%.

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

Based on its average 5-year and quarterly capital gains BERSERKER, 4701 saw average growth in the long term.

This means, real estate investors could earn a rental income of $410 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 BERSERKER, homes and units usually stay on listing for an average of 25.7 days.

the QLD 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 $410,000

Investors saw the median home price rise to $410,000.

BERSERKER ranks 72nd on the list of best yielding suburbs for rental properties in QLD, posting a 5.2% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$485,000	$410,000
Growth Report
Median Quarterly	6.24%	10.07%
Median 12 month	22.85%	17.14%
Median 3 years	79.63%	57.69%
Median 5 years	122.48%	105%
10 years average annual	9.05%	4.08%
Weekly media advert. rent	$490	$410
Time on Market	27.8 days	25.7 days
Gross Rental Yield Percent	5.25%	5.2%

Demographics (Median Values)*

Total Population 7177

Weekly Household Income 720.3

Household Size 2.40

Average Age 35

Monthly Loan Repayment 867

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

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