Property investments in PACIFIC HEIGHTS fare well against the rest of the country last year, registering a median home price increase of 10.11%.
Real estate investors could earn a rental income of $402.5 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 129.0 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 $501,000.
PACIFIC HEIGHTS ranks 543rd on the list of best yielding suburbs for rental properties in QLD, posting a 4.18% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.11%||N/A|
|Median 3 years||2.77%||N/A|
|Median 5 years||1.01%||N/A|
|10 years average annual||0.2%||N/A|
|Weekly media advert. rent||$402.5||N/A|
|Time on Market||129.0 days||N/A|
|Gross Rental Yield Percent||4.18%||N/A|