Cardwell

POSTAL CODE: QLD, 4849

HOUSE

UNIT

Property investors have seen a 9.74% gain in CARDWELL based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains CARDWELL, 4849 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 $400,000

Profits averaged 5.67% per annum over a 3-year period, due to an upward trend in home prices in CARDWELL, 4849.

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

The gross rental yield in CARDWELL, 4849 is N/A.

An average of 3.58 real estate transactions take place per month in CARDWELL which translates to 43 per annum.

Property investments in CARDWELL fare well against the rest of the country last year, registering a median home price increase of 28.26%.

Figures from the previous quarter show that capital gains for real estate buyers in CARDWELL are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains CARDWELL, 4849 saw average growth in the long term.

This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In CARDWELL, homes and units usually stay on listing for an average of 149.7 days.

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 $295,000

Investors saw the median home price rise to $295,000.

CARDWELL ranks 20th on the list of best yielding suburbs for rental properties in QLD, posting a 6.52% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$400,000	$295,000
Growth Report
Median Quarterly	9.74%	20.9%
Median 12 month	6.67%	28.26%
Median 3 years	17.65%	66.67%
Median 5 years	45.45%	0%
10 years average annual	5.46%	8.18%
Weekly media advert. rent	N/A	$370
Time on Market	127.7 days	149.7 days
Gross Rental Yield Percent	0%	6.52%

Demographics (Median Values)*

Total Population 1252

Weekly Household Income 630.4

Household Size 2.20

Average Age 47

Monthly Loan Repayment 1000

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

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