Suburb Profile
Pacific Heights - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4703
Property investments in PACIFIC HEIGHTS did not fare well against the rest of the country last year, registering a median home price decrease of -1.18%.
Real estate investors could earn a rental income of $395 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 164.4 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 $462,000.
PACIFIC HEIGHTS ranks 449th on the list of best yielding suburbs for rental properties in QLD, posting a 4.45% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $462,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | -1.18% | N/A |
| Median 3 years | -17.5% | N/A |
| Median 5 years | -15.23% | N/A |
| 10 years average annual | 0.62% | N/A |
| Weekly media advert. rent | $395 | N/A |
| Time on Market | 164.4 days | N/A |
| Gross Rental Yield Percent | 4.45% | N/A |
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