Liberals Wave Super As Solution For Housing Affordability Woes
With the federal election less than a week away, the Australian Liberal Party has promised two new superannuation scheme...
Based on its average 5-year and quarterly capital gains OORALEA, 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 OORALEA, 4740 obtained a 0.23% growth over a ten-year period. It ranks 4478th on our list of suburbs that property investors should look into.
OORALEA, 4740 in QLD belongs to the local government area of Mackay (R).
OORALEA, 4740 has a capital gain of 2.11% for the past year, which is lower than average compared to its 16.17% growth within a five-year period.
With the median home price in OORALEA sitting at $485,000, and the average rent at $505, property owners could potentially earn a 5.41% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in OORALEA are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.11%||N/A|
|Median 3 years||14.12%||N/A|
|Median 5 years||16.17%||N/A|
|10 years average annual||0.23%||N/A|
|Weekly media advert. rent||$505||N/A|
|Time on Market||48.8 days||N/A|
|Gross Rental Yield Percent||5.41%||N/A|