CBA Ups House Price Growth Expectations But Fails To Meet Westpac’s Optimism
The Commonwealth Bank has revised its property price forecast for 2021 on the back of strong growth in February and Marc...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $140,000.
The upward trend in home prices in HUGHENDEN, 4821 averaged 8.71% per annum over a 3-year period.
Average weekly rents on listings have reached the $190 mark, reflecting a 7.06% increase in returns based on the current median price in HUGHENDEN.
An average of 1.58 real estate transactions take place per month in HUGHENDEN which translates to 19 per annum.
19 properties were sold in HUGHENDEN in 2016, making it the 612th most active market in QLD based on total real estate transactions.
HUGHENDEN, 4821 places 875th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||26.13%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||14.53%||N/A|
|Weekly media advert. rent||$190||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||7.06%||N/A|