How to pay off your mortgage in 10 years
Investors looking to get out of debt sooner and start creating wealth for themselves have been advised that they can pay off their home loan...
Property investors have seen a 1.84% gain in YEPPOON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains YEPPOON, 4703 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 $360,000
Profits averaged 0.47% per annum over a 3-year period, due to an upward trend in home prices in YEPPOON, 4703.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in YEPPOON, 4703 is 5.2%.
An average of 9.67 real estate transactions take place per month in YEPPOON which translates to 116 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $360,000 | $260,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.84% | -9.57% |
| Median 12 month | 8.68% | -16.8% |
| Median 3 years | 1.41% | 0.58% |
| Median 5 years | -0.69% | -20.97% |
| 10 years average annual | 0.59% | 0.22% |
| Weekly media advert. rent | $360 | $300 |
| Time on Market | 88.7 days | 128.1 days |
| Gross Rental Yield Percent | 5.2% | 6% |
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