Property investments in MUNDINGBURRA fare well against the rest of the country last year, registering a median home price increase of -10.14%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MUNDINGBURRA, 4812 saw average growth in the long term.
Real estate investors could earn a rental income of $322.5 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 98.2 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $310,000.
MUNDINGBURRA ranks 143rd on the list of best yielding suburbs for rental properties in QLD, posting a 5.41% return.
Profits due to an downward trend in home prices in MUNDINGBURRA, 4812 averaged -0.38% per annum over a 3-year period.
Average weekly rents on listings have reached the $250 mark, reflecting a 5.98% increase in returns based on the current median price in MUNDINGBURRA.
An average of 0.83 real estate transactions take place per month in MUNDINGBURRA which translates to 10 per annum.
10 properties were sold in MUNDINGBURRA during the past year, making it the 399th most active market in QLD based on total real estate transactions.
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