East Innisfail

POSTAL CODE: QLD, 4860

HOUSE

Homeowners and real estate investors betting on EAST INNISFAIL, 4860 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 27.87%.

A steady increase in median property prices over a five-year period in the suburb translates to a 65.96% capital gain.

Property investors in EAST INNISFAIL enjoyed capital gains of 27.87% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $390,000.

Profits due to an upward trend in home prices there averaged 21.99% per annum over a 3-year period.

Home owners selling their properties and realtors in EAST INNISFAIL usually have to wait an average of 62.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $450 mark, reflecting a 6% increase in returns based on the current median price in EAST INNISFAIL.

EAST INNISFAIL, 4860 places 135th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$390,000	N/A
Growth Report
Median Quarterly	6.85%	N/A
Median 12 month	27.87%	N/A
Median 3 years	65.96%	N/A
Median 5 years	119.72%	N/A
10 years average annual	9.28%	N/A
Weekly media advert. rent	$450	N/A
Time on Market	62.3 days	N/A
Gross Rental Yield Percent	6%	N/A

Demographics (Median Values)*

Total Population 1610

Weekly Household Income 878.6

Household Size 2.70

Average Age 37

Monthly Loan Repayment 858

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

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