QLD/
Longreach

Suburb Profile

Longreach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4730

house

Property investors have seen a -20.73% drop in LONGREACH based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains LONGREACH, 4730 saw average decrease 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 $162,500

Profits averaged -9.78% per annum over a 3-year period, due to an downward trend in home prices in LONGREACH, 4730.

This means, real estate investors could earn a rental income of $250 based on current median home prices for the suburb.

The gross rental yield in LONGREACH, 4730 is 8%.

An average of 2.5 real estate transactions take place per month in LONGREACH which translates to 30 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $162,500 N/A
GROWTH REPORT
Median Quarterly -20.73% N/A
Median 12 month -26.14% N/A
Median 3 years -29.35% N/A
Median 5 years -30.56% N/A
10 years average annual 2.22% N/A
Weekly media advert. rent $250 N/A
Time on Market 126.1 days N/A
Gross Rental Yield Percent 8% N/A
demographics (median values)
Total Population
3395
Weekly Household Income
1025
Household Size
2.50
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