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Alice River
AREA REPORTS

Alice River

Alice River - 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.

Average median house prices in QLD have risen as a whole, pulling ALICE RIVER, 4817 values up and netting property investors a capital gain of 14.15% for the past year.

Investors saw the median home price rise to $605,000.

Profits due to an upward trend in home prices in the suburb averaged 10.04% per annum over a 3-year period.

ALICE RIVER now ranks at the th 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 $475 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 44.5 days.

In 2016, 70 properties were sold in ALICE RIVER during the past year, making it the 121st most active market in QLD based on total real estate transactions.

Data report can be found below

Alice River
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $605,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 14.15% N/A
Median 3 years 30.11% N/A
Median 5 years 35.65% N/A
10 years average annual 3.21% N/A
Weekly media advert. rent $475 N/A
Time on Market 44.5 days N/A
Gross Rental Yield Percent 4.08% N/A
demographics (median values)*
Total Population
1678
Weekly Household Income
1478
Household Size
3.30
Age
34
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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