REDBANK PLAINS 
1 MIN READRBA Hands Down First FY23 Cash Rate Decision
Amid widespread speculation of another significant hike, the Reserve Bank of Australia has revealed its cash rate decisi...
Read More
LongreachLongreach - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 1.99% gain in LONGREACH based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on LONGREACH, 4730 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 13.89%.
Based on its average 5-year and quarterly capital gains LONGREACH, 4730 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 $205,000
Profits averaged 0.83% per annum over a 3-year period, due to an upward trend in home prices in LONGREACH, 4730.
This means, real estate investors could earn a rental income of $260 based on current median home prices for the suburb.
The gross rental yield in LONGREACH, 4730 is 6.6%.
An average of 7.25 real estate transactions take place per month in LONGREACH which translates to 87 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $205,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.99% | N/A |
| Median 12 month | 13.89% | N/A |
| Median 3 years | 2.5% | N/A |
| Median 5 years | 5.13% | N/A |
| 10 years average annual | -1.21% | N/A |
| Weekly media advert. rent | $260 | N/A |
| Time on Market | 116.6 days | N/A |
| Gross Rental Yield Percent | 6.6% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
