A steady increase in median property prices over a five-year period in TOWNSVILLE CITY, 4810 translates to a 5.82% capital gain.
Property investors enjoyed capital gains of 9.14% over the last 12 months in TOWNSVILLE CITY, translating to lower returns compared with its peers in QLD.
TOWNSVILLE CITY, 4810 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 $400,000.
Profits due to an upward trend in home prices in TOWNSVILLE CITY, 4810 averaged 1.94% per annum over a 3-year period.
Home owners selling their properties and realtors in TOWNSVILLE CITY usually have to wait an average of 109.5 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $365 mark, reflecting a 4.75% increase in returns based on the current median price in TOWNSVILLE CITY.
TOWNSVILLE CITY, 4810 places 11th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||9.14%|
|Median 3 years||N/A||5.82%|
|Median 5 years||N/A||3.9%|
|10 years average annual||N/A||1.36%|
|Weekly media advert. rent||N/A||$365|
|Time on Market||N/A||109.5 days|
|Gross Rental Yield Percent||N/A||4.75%|