Markets In A ‘sound’ State Despite Shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
Property investors have seen a 4.83% gain in WHITE ROCK based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WHITE ROCK, 4868 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 $369,000
Profits averaged 9.45% 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 $450 based on current median home prices for the suburb.
The gross rental yield in WHITE ROCK, 4868 is 6.34%.
An average of 7.67 real estate transactions take place per month in WHITE ROCK which translates to 92 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.53%||24.44%|
|Median 3 years||28.35%||16.67%|
|Median 5 years||25.08%||-5.08%|
|10 years average annual||2.51%||2.09%|
|Weekly media advert. rent||$450||$392.5|
|Time on Market||44.9 days||47.5 days|
|Gross Rental Yield Percent||6.34%||7.29%|