Markets In A ‘sound’ State Despite Shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
Property investors enjoyed capital gains of 21.62% over the last 12 months in INGHAM, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -1.41% decrease over a ten-year period. It ranks 4607th on our list of suburbs that property investors should look into.
INGHAM, 4850 has a capital gain of 21.62% for the past year, which is higher than average compared to its 0% growth within a five-year period.
With the median home price in INGHAM sitting at $180,000, and the average rent at $260, property owners could potentially earn a 7.51% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in INGHAM are high, as opposed to average gains per annum over the past five years.
INGHAM, 4850 in QLD belongs to the local government area of Hinchinbrook (S).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||21.62%||N/A|
|Median 3 years||2.86%||N/A|
|Median 5 years||0%||N/A|
|10 years average annual||-1.41%||N/A|
|Weekly media advert. rent||$260||$200|
|Time on Market||135.1 days||0.0 days|
|Gross Rental Yield Percent||7.51%||3.89%|