Menzies

POSTAL CODE: QLD, 4825

HOUSE

Property investors have seen a 1.24% gain in MENZIES based on an increase in median home prices for the past three months.

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 $245,000

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 9.55%.

An average of 1.08 real estate transactions take place per month in MENZIES which translates to 13 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$245,000	N/A
Growth Report
Median Quarterly	1.24%	N/A
Median 12 month	8.89%	N/A
Median 3 years	0%	N/A
Median 5 years	0%	N/A
10 years average annual	8.89%	N/A
Weekly media advert. rent	$450	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	9.55%	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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