Sydney, Melbourne boast highest capital city sales
After a COVID-induced downturn, Sydney and Melbourne have reinforced their continued recovery, logging more sales than the remaining capital...
Property investors have seen a -6.07% drop in BABINDA based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on BABINDA, 4861 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.34%.
Based on its average 5-year and quarterly capital gains BABINDA, 4861 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 $240,000
Profits averaged 11.11% per annum over a 3-year period, due to an upward trend in home prices in BABINDA, 4861.
This means, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
The gross rental yield in BABINDA, 4861 is 6.07%.
An average of 1.75 real estate transactions take place per month in BABINDA which translates to 21 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $240,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.07% | N/A |
| Median 12 month | 10.34% | N/A |
| Median 3 years | 33.33% | N/A |
| Median 5 years | 33.33% | N/A |
| 10 years average annual | 5.56% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 106.9 days | N/A |
| Gross Rental Yield Percent | 6.07% | N/A |
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