Townview

POSTAL CODE: QLD, 4825

HOUSE

Property investors have seen a 8.93% gain in TOWNVIEW based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains TOWNVIEW, 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 $250,000

Profits averaged -8% 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 $470 based on current median home prices for the suburb.

The gross rental yield in TOWNVIEW, 4825 is 9.78%.

An average of 3.75 real estate transactions take place per month in TOWNVIEW which translates to 45 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$250,000	N/A
Growth Report
Median Quarterly	8.93%	N/A
Median 12 month	-7.41%	N/A
Median 3 years	-24.24%	N/A
Median 5 years	6.38%	N/A
10 years average annual	6.01%	N/A
Weekly media advert. rent	$470	N/A
Time on Market	123.8 days	N/A
Gross Rental Yield Percent	9.78%	N/A

Demographics (Median Values)*

Total Population 2303

Weekly Household Income 1501

Household Size 2.70

Average Age 29

Monthly Loan Repayment 1192

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

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