Property investors have seen a 0% 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 $310,000
Profits averaged 0.24% 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 $360 based on current median home prices for the suburb.
The gross rental yield in WHITE ROCK, 4868 is 6.04%.
An average of 6.08 real estate transactions take place per month in WHITE ROCK which translates to 73 per annum.
Property investments in WHITE ROCK did not fare well against the rest of the country last year, registering a median home price decrease of 2.27%.
This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In WHITE ROCK, homes and units usually stay on listing for an average of 135.1 days.
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 $270,000
Investors saw the median home price rise to $270,000.
WHITE ROCK ranks 63rd on the list of best yielding suburbs for rental properties in QLD, posting a 6.36% return.
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