The 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 $275,000.
The downward trend in home prices in SLADE POINT, 4740 averaged -7.14% per annum over a 3-year period.
Average weekly rents on listings have reached the $280 mark, reflecting a 5.29% increase in returns based on the current median price in SLADE POINT.
An average of 3.08 real estate transactions take place per month in SLADE POINT which translates to 37 per annum.
37 properties were sold in SLADE POINT in 2016, making it the 320th most active market in QLD based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-14.06%||N/A|
|Median 3 years||-21.43%||N/A|
|Median 5 years||-26.67%||N/A|
|10 years average annual||-2.31%||N/A|
|Weekly media advert. rent||$280||N/A|
|Time on Market||127.1 days||N/A|
|Gross Rental Yield Percent||5.29%||N/A|