4 Things Borrowers Can Do With An Increase In Equity
Thanks to the property boom pushing up property prices Australia-wide, many property owners aren’t necessarily awar...
Based on its average 5-year and quarterly capital gains MOUNT SHERIDAN, 4868 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MOUNT SHERIDAN, 4868 obtained a 1.83% growth over a ten-year period. It ranks 3842nd on our list of suburbs that property investors should look into.
MOUNT SHERIDAN, 4868 in QLD belongs to the local government area of Cairns (R).
MOUNT SHERIDAN, 4868 has a capital gain of 5.33% for the past year, which is higher than average compared to its 7.22% growth within a five-year period.
With the median home price in MOUNT SHERIDAN sitting at $395,000, and the average rent at $422.5, property owners could potentially earn a 5.56% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOUNT SHERIDAN are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.33%||N/A|
|Median 3 years||1.28%||N/A|
|Median 5 years||7.22%||N/A|
|10 years average annual||1.83%||N/A|
|Weekly media advert. rent||$422.5||N/A|
|Time on Market||35.9 days||N/A|
|Gross Rental Yield Percent||5.56%||N/A|