‘It’s a terrific time to be investing in commercial property’: Ray White
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -2.02% decrease over a ten-year period. It ranks 3931st on our list of suburbs that property investors should look into.
GRACEMERE, 4702 has a capital gain of -1.51% for the past year, which is higher than average compared to its -21.5% growth within a five-year period.
With the median home price in GRACEMERE sitting at $261,000, and the average rent at $310, property owners could potentially earn a 6.18% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GRACEMERE are high, as opposed to average gains per annum over the past five years.
GRACEMERE, 4702 in QLD belongs to the local government area of Rockhampton (R).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $261,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.35% | N/A |
| Median 12 month | -1.51% | N/A |
| Median 3 years | -12.27% | N/A |
| Median 5 years | -21.5% | N/A |
| 10 years average annual | -2.02% | N/A |
| Weekly media advert. rent | $310 | N/A |
| Time on Market | 103.6 days | N/A |
| Gross Rental Yield Percent | 6.18% | N/A |
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