Financial complaints soar as new body opens doors
The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...
ROSSLEA, 4812 ranks 2134th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 3.54% for property investors.
The 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 $424,500.
The upward trend in home prices in ROSSLEA, 4812 averaged 9.87% per annum over a 3-year period.
Average weekly rents on listings have reached the $255 mark, reflecting a 3.12% increase in returns based on the current median price in ROSSLEA.
An average of 1.17 real estate transactions take place per month in ROSSLEA which translates to 14 per annum.
14 properties were sold in ROSSLEA in 2016, making it the 735th most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $424,500 | $226,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -7.28% |
| Median 12 month | 3.54% | 18.95% |
| Median 3 years | 29.62% | -1.74% |
| Median 5 years | N/A | -0.44% |
| 10 years average annual | 7.44% | -1.98% |
| Weekly media advert. rent | $255 | $230 |
| Time on Market | 101.6 days | 102.4 days |
| Gross Rental Yield Percent | 3.12% | 5.29% |
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