How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
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Property investors have seen a 3.45% gain in BABINDA based on an increase in median home prices for the past three months.
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 $225,000
Profits averaged -0.72% per annum over a 3-year period, due to an downward trend in home prices in BABINDA, 4861.
This means, real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
The gross rental yield in BABINDA, 4861 is 6.24%.
An average of 2 real estate transactions take place per month in BABINDA which translates to 24 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $225,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.45% | N/A |
| Median 12 month | 2.27% | N/A |
| Median 3 years | -2.17% | N/A |
| Median 5 years | 2.27% | N/A |
| 10 years average annual | 5.02% | N/A |
| Weekly media advert. rent | $270 | N/A |
| Time on Market | 134.0 days | N/A |
| Gross Rental Yield Percent | 6.24% | N/A |
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