Property investments in MISSION BEACH fare well against the rest of the country last year, registering a median home price increase of 9.92%.
Real estate investors could earn a rental income of $322.5 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $360,000.
MISSION BEACH ranks 377th on the list of best yielding suburbs for rental properties in QLD, posting a 4.66% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $360,000 | $85,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 6.25% |
| Median 12 month | 9.92% | 30.77% |
| Median 3 years | 2.86% | 30.77% |
| Median 5 years | N/A | -22.73% |
| 10 years average annual | 11.31% | -11.52% |
| Weekly media advert. rent | $322.5 | N/A |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 4.66% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...