Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
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Property investors have seen a 4.94% 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 $308,000
Profits averaged 1.47% 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 $380 based on current median home prices for the suburb.
The gross rental yield in WHITE ROCK, 4868 is 6.42%.
An average of 5 real estate transactions take place per month in WHITE ROCK which translates to 60 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $308,000 | $219,000 |
| GROWTH REPORT | ||
| Median Quarterly | 4.94% | -0.68% |
| Median 12 month | 6.21% | -16.89% |
| Median 3 years | 4.41% | -25.76% |
| Median 5 years | 3.36% | -4.37% |
| 10 years average annual | 0.78% | -0.91% |
| Weekly media advert. rent | $380 | $360 |
| Time on Market | 75.2 days | 90.2 days |
| Gross Rental Yield Percent | 6.42% | 8.55% |
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