Property investors enjoyed capital gains of 20.65% over the last 12 months in CURRAJONG, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in CURRAJONG are low, as opposed to average gains per annum over the past five years.
The suburb posted a 62.04% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $505 based on current median home prices for the suburb.
On average, rents on listings have reached the $505 mark, reflecting a 4.73% increase in returns based on the current median price in CURRAJONG.
CURRAJONG, 4812 ranks 191st in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 136th on the list of best yielding suburbs for rental properties in QLD, posting a 4.73% return.
Property investors have seen a 6.18% gain in CURRAJONG based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on CURRAJONG, 4812 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 13.56%.
Based on its average 5-year and quarterly capital gains CURRAJONG, 4812 saw average growth in the long term.
CURRAJONG, 4812 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 $335,000.
Profits due to an upward trend in home prices in CURRAJONG, 4812 averaged 32.35% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in CURRAJONG, 4812 is 5.9%.
An average of 1.25 real estate transactions take place per month in CURRAJONG which translates to 15 per annum.