Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
Property investments in CLONCURRY did not fare well against the rest of the country last year, registering a median home price decrease of -37.5%.
Based on its average 5-year and quarterly capital gains CLONCURRY, 4824 saw average growth in the long term.
Real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 96.6 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $112,500.
CLONCURRY ranks 2nd on the list of best yielding suburbs for rental properties in QLD, posting a 13.87% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $112,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.17% | N/A |
| Median 12 month | -37.5% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | -4.52% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 96.6 days | N/A |
| Gross Rental Yield Percent | 13.87% | N/A |
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