Where Hobart house prices are heading, according to ANZ
In the ANZ’s latest report, Australian housing: a strong 2021, the bank’s economists forecast a buoyant year ahead for the Hobart housin...
Property investors have seen a -1.21% drop in WHITE ROCK based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WHITE ROCK, 4868 saw average decrease 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 $306,250
Profits averaged 0.92% per annum over a 3-year period, due to an upward trend in home prices in WHITE ROCK, 4868.
This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
The gross rental yield in WHITE ROCK, 4868 is 6.96%.
An average of 3.67 real estate transactions take place per month in WHITE ROCK which translates to 44 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $306,250 | $218,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.21% | -2.46% |
| Median 12 month | 2.08% | -3.96% |
| Median 3 years | 2.77% | -25.47% |
| Median 5 years | -2% | -10.47% |
| 10 years average annual | 0.71% | -1.3% |
| Weekly media advert. rent | $410 | $380 |
| Time on Market | 64.4 days | 77.5 days |
| Gross Rental Yield Percent | 6.96% | 9.06% |
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