Property Market Update: Perth, May 2022
Perth continued to outperform its bigger capital counterparts in May, as the city closed up the autumn season with a sol...
Based on its average 5-year and quarterly capital gains HAY POINT, 4740 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that HAY POINT, 4740 obtained a 0.81% growth over a ten-year period. It ranks 4402nd on our list of suburbs that property investors should look into.
HAY POINT, 4740 in QLD belongs to the local government area of Mackay (R).
HAY POINT, 4740 has a capital gain of 13.6% for the past year, which is higher than average compared to its 43.36% growth within a five-year period.
With the median home price in HAY POINT sitting at $405,000, and the average rent at $450, property owners could potentially earn a 5.78% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HAY POINT are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||13.6%||N/A|
|Median 3 years||24.62%||N/A|
|Median 5 years||43.36%||N/A|
|10 years average annual||0.81%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||85.1 days||N/A|
|Gross Rental Yield Percent||5.78%||N/A|