‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Property investors enjoyed capital gains of 19.39% over the last 12 months in MORANBAH, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -2.15% decrease over a ten-year period. It ranks 3910th on our list of suburbs that property investors should look into.
With the median home price in MORANBAH sitting at $197,000, and the average rent at $280, property owners could potentially earn a 7.39% increase in gross rental yield.
A 19.39% increase in median property prices in MORANBAH, 4744 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 35th.
MORANBAH, 4744 in QLD belongs to the local government area of Isaac.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $197,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.68% | N/A |
| Median 12 month | 19.39% | N/A |
| Median 3 years | -9.63% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | -2.15% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 102.5 days | N/A |
| Gross Rental Yield Percent | 7.39% | N/A |
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