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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 Price | $369,000 | $280,000 |
GROWTH REPORT | ||
Median Quarterly | 4.83% | 8.42% |
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% |