Based on its average 5-year and quarterly capital gains, the suburb saw average decrease in the long term.
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 $272,500.
The downward trend in home prices in SLADE POINT, 4740 averaged -6.79% per annum over a 3-year period.
Average weekly rents on listings have reached the $275 mark, reflecting a 5.25% increase in returns based on the current median price in SLADE POINT.
An average of 3 real estate transactions take place per month in SLADE POINT which translates to 36 per annum.
36 properties were sold in SLADE POINT in 2016, making it the 329th most active market in QLD based on total real estate transactions.
SLADE POINT, 4740 places 555th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-9.02%||N/A|
|Median 3 years||-20.37%||N/A|
|Median 5 years||-27.33%||N/A|
|10 years average annual||-2.65%||N/A|
|Weekly media advert. rent||$275||N/A|
|Time on Market||125.6 days||N/A|
|Gross Rental Yield Percent||5.25%||N/A|