Australia is in the midst of ‘the biggest rental crisis in history’, expert says
Australia’s property market has never been more paradoxical, with intense rental pressure recorded in a majority of towns and cities, but ...
Property investors enjoyed capital gains of 24.92% over the last 12 months in JENSEN, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in JENSEN are low, as opposed to average gains per annum over the past five years.
The suburb posted a 13.05% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in JENSEN.
JENSEN, 4818 ranks 29th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 875th on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $485,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.12% | N/A |
| Median 12 month | 24.92% | N/A |
| Median 3 years | 13.05% | N/A |
| Median 5 years | 3.74% | N/A |
| 10 years average annual | 2.72% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 125.6 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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