Rasmussen

POSTAL CODE: QLD, 4815

HOUSE

UNIT

Property investors have seen a 3.42% 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 18%.

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 $590,000

Profits averaged 28.67% per annum over a 3-year period, due to an upward trend in home prices in RASMUSSEN, 4815.

This means, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.

The gross rental yield in RASMUSSEN, 4815 is 4.76%.

An average of 9.42 real estate transactions take place per month in RASMUSSEN which translates to 113 per annum.

Property investments in RASMUSSEN fare well against the rest of the country last year, registering a median home price increase of 0%.

Figures from the previous quarter show that capital gains for real estate buyers in RASMUSSEN are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains RASMUSSEN, 4815 saw average growth in the long term.

This means, real estate investors could earn a rental income of $427.5 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In RASMUSSEN, homes and units usually stay on listing for an average of N/A.

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 $455,000

Investors saw the median home price rise to $455,000.

RASMUSSEN ranks 91st on the list of best yielding suburbs for rental properties in QLD, posting a 4.89% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$590,000	$455,000
Growth Report
Median Quarterly	3.42%	0%
Median 12 month	18%	0%
Median 3 years	86.41%	52.94%
Median 5 years	145.83%	0%
10 years average annual	7.07%	16.5%
Weekly media advert. rent	$540	$428
Time on Market	24.7 days	N/A
Gross Rental Yield Percent	4.76%	4.89%

Demographics (Median Values)*

Total Population 4158

Weekly Household Income 1021

Household Size 2.90

Average Age 29

Monthly Loan Repayment 1092

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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