Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
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 $224,500
Profits averaged -4.83% per annum over a 3-year period, due to an downward trend in home prices in CARDWELL, 4849.
This means, real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
The gross rental yield in CARDWELL, 4849 is 5.79%.
An average of 1.5 real estate transactions take place per month in CARDWELL which translates to 18 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $224,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | -6.46% | N/A |
| Median 3 years | -14.48% | N/A |
| Median 5 years | -15.28% | N/A |
| 10 years average annual | -1.66% | N/A |
| Weekly media advert. rent | $250 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 5.79% | N/A |
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