AREA REPORTS

Alice River

Suburb Profile

Alice River - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4817

house

ALICE RIVER, 4817 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 $462,500.

Profits due to an downward trend in home prices in the suburb averaged -3.22% per annum over a 3-year period.

ALICE RIVER now ranks at the 614th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $440 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ALICE RIVER, homes and units usually stay on listing for an average of 120.4 days.

In 2016, 35 properties were sold in ALICE RIVER during the past year, making it the 346th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $462,500 N/A
GROWTH REPORT
Median Quarterly -1.6% N/A
Median 12 month -2.63% N/A
Median 3 years -9.67% N/A
Median 5 years -6.57% N/A
10 years average annual -0.25% N/A
Weekly media advert. rent $440 N/A
Time on Market 120.4 days N/A
Gross Rental Yield Percent 4.95% N/A
demographics (median values)
Total Population
1678
Weekly Household Income
1478
Household Size
3.30
demographics
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