Housing to become more affordable next year: expert
Housing affordability will continue to improve moderately over the next 12 months because of low mortgage interest rates and lower housing p...
Property investors have seen a 2.79% gain in RASMUSSEN based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on RASMUSSEN, 4815 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 17.87%.
Based on its average 5-year and quarterly capital gains RASMUSSEN, 4815 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 $221,000
Profits averaged -9.34% per annum over a 3-year period, due to an downward trend in home prices in RASMUSSEN, 4815.
This means, real estate investors could earn a rental income of $315 based on current median home prices for the suburb.
The gross rental yield in RASMUSSEN, 4815 is 7.41%.
An average of 3 real estate transactions take place per month in RASMUSSEN which translates to 36 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $221,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.79% | N/A |
| Median 12 month | 17.87% | N/A |
| Median 3 years | -28.01% | N/A |
| Median 5 years | -23.66% | N/A |
| 10 years average annual | -0.63% | N/A |
| Weekly media advert. rent | $315 | N/A |
| Time on Market | 68.3 days | N/A |
| Gross Rental Yield Percent | 7.41% | N/A |
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