Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Property investors have seen a 3.93% gain in IDALIA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains IDALIA, 4811 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 $430,000
Profits averaged -0.76% per annum over a 3-year period, due to an downward trend in home prices in IDALIA, 4811.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in IDALIA, 4811 is 5.44%.
An average of 6.67 real estate transactions take place per month in IDALIA which translates to 80 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $430,000 | $255,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.93% | 30.1% |
| Median 12 month | -2.27% | N/A |
| Median 3 years | -2.27% | N/A |
| Median 5 years | -17.7% | -37.04% |
| 10 years average annual | -0.92% | 4.48% |
| Weekly media advert. rent | $450 | $350 |
| Time on Market | 54.9 days | 0.0 days |
| Gross Rental Yield Percent | 5.44% | 7.14% |
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