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 $275,000
Profits averaged -7.87% per annum over a 3-year period, due to an downward trend in home prices in TOWNVIEW, 4825.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in TOWNVIEW, 4825 is 6.62%.
An average of 1.25 real estate transactions take place per month in TOWNVIEW which translates to 15 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||-23.61%||N/A|
|Median 5 years||-17.91%||N/A|
|10 years average annual||N/A||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||67.0 days||N/A|
|Gross Rental Yield Percent||6.62%||N/A|