Melbourne overtakes Sydney as the busiest city for auctions
Melbourne was host to 894 auctions over the past week, overtaking Sydney as the busiest capital city for auctions. ...
Property investors have seen a -0.92% drop in BERSERKER based on a decrease 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 21.13%.
Based on its average 5-year and quarterly capital gains BERSERKER, 4701 saw average decrease 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 $215,000
Profits averaged 3.42% 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 $290 based on current median home prices for the suburb.
The gross rental yield in BERSERKER, 4701 is 7.01%.
An average of 9.42 real estate transactions take place per month in BERSERKER which translates to 113 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $215,000 | $200,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.92% | 5.82% |
| Median 12 month | 21.13% | 10.8% |
| Median 3 years | 10.26% | -11.11% |
| Median 5 years | -5.49% | -31.03% |
| 10 years average annual | -0.84% | -0.68% |
| Weekly media advert. rent | $290 | $280 |
| Time on Market | 86.4 days | 0.0 days |
| Gross Rental Yield Percent | 7.01% | 7.28% |
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