Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
Property investors have seen a -1.92% drop in ALTON DOWNS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ALTON DOWNS, 4702 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 $510,000
Profits averaged 1.01% per annum over a 3-year period, due to an upward trend in home prices in ALTON DOWNS, 4702.
The gross rental yield in ALTON DOWNS, 4702 is 0%.
An average of 1.25 real estate transactions take place per month in ALTON DOWNS which translates to 15 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $510,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.92% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 3.03% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 0.59% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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