Menzies

POSTAL CODE: QLD, 4825

HOUSE

Property investors have seen a 8.16% gain in MENZIES based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on MENZIES, 4825 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 18.05%.

Based on its average 5-year and quarterly capital gains MENZIES, 4825 saw average growth in the long term.

The QLD 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 $242,000

Profits averaged 0% per annum over a 3-year period, due to an upward trend in home prices in MENZIES, 4825.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

The gross rental yield in MENZIES, 4825 is 9.67%.

An average of 1.42 real estate transactions take place per month in MENZIES which translates to 17 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$242,000	N/A
Growth Report
Median Quarterly	8.16%	N/A
Median 12 month	18.05%	N/A
Median 3 years	0%	N/A
Median 5 years	0%	N/A
10 years average annual	18.05%	N/A
Weekly media advert. rent	$450	N/A
Time on Market	80.2 days	N/A
Gross Rental Yield Percent	9.67%	N/A

Demographics (Median Values)*

Total Population 852

Weekly Household Income 1189

Household Size 2.20

Average Age 31

Monthly Loan Repayment 900

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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