Suburb Profile
Longreach - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4730
Property investors have seen a -10.72% 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 $154,000
Profits averaged -11.01% 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 $260 based on current median home prices for the suburb.
The gross rental yield in LONGREACH, 4730 is 8.78%.
An average of 2 real estate transactions take place per month in LONGREACH which translates to 24 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $154,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -10.72% | N/A |
| Median 12 month | -18.52% | N/A |
| Median 3 years | -33.04% | N/A |
| Median 5 years | -37.45% | N/A |
| 10 years average annual | -0.04% | N/A |
| Weekly media advert. rent | $260 | N/A |
| Time on Market | 138.2 days | N/A |
| Gross Rental Yield Percent | 8.78% | N/A |
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