Property investors have seen a -2.82% drop in BELGIAN GARDENS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BELGIAN GARDENS, 4810 saw average growth in the long term.
The QLD 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 $860,000
Profits averaged 15.67% per annum over a 3-year period, due to an upward trend in home prices in BELGIAN GARDENS, 4810.
This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.
The gross rental yield in BELGIAN GARDENS, 4810 is 3.93%.
An average of 3.58 real estate transactions take place per month in BELGIAN GARDENS which translates to 43 per annum.
Property investments in BELGIAN GARDENS fare well against the rest of the country last year, registering a median home price increase of 19%.
Figures from the previous quarter show that capital gains for real estate buyers in BELGIAN GARDENS are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BELGIAN GARDENS, 4810 saw average growth in the long term.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In BELGIAN GARDENS, homes and units usually stay on listing for an average of 30.8 days.
the QLD 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 $476,000
Investors saw the median home price rise to $476,000.
BELGIAN GARDENS ranks 90th on the list of best yielding suburbs for rental properties in QLD, posting a 4.92% return.