Federal Election Results Revealed: What It Means For Investors
Australia has voted. Looking forward, here are the policies property purchasers, home owners, and investors can expect...
Homeowners and real estate investors betting on PARKSIDE, 4825 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 17.65%.
Property investors in PARKSIDE enjoyed capital gains of 17.65% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $300,000.
Home owners selling their properties and realtors in PARKSIDE usually have to wait an average of 79.9 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $425 mark, reflecting a 7.37% increase in returns based on the current median price in PARKSIDE.
PARKSIDE, 4825 places th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||17.65%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||-1.96%||N/A|
|10 years average annual||0.39%||N/A|
|Weekly media advert. rent||$425||N/A|
|Time on Market||79.9 days||N/A|
|Gross Rental Yield Percent||7.37%||N/A|