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Cardwell
AREA REPORTS

Cardwell

Cardwell - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4849

house
unit

Property investors have seen a 6.49% gain in CARDWELL based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on CARDWELL, 4849 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 49.09%.

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 $410,000

Profits averaged 26.09% 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 $320 based on current median home prices for the suburb.

The gross rental yield in CARDWELL, 4849 is 4.06%.

An average of 5.17 real estate transactions take place per month in CARDWELL which translates to 62 per annum.

Data report can be found below

Cardwell
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $410,000 $232,000
GROWTH REPORT
Median Quarterly 6.49% N/A
Median 12 month 49.09% N/A
Median 3 years 78.26% N/A
Median 5 years 78.26% N/A
10 years average annual 7.1% N/A
Weekly media advert. rent $320 $260
Time on Market 125.2 days 0.0 days
Gross Rental Yield Percent 4.06% 5.83%
demographics (median values)*
Total Population
1252
Weekly Household Income
630.4
Household Size
2.20
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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