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Property investors have seen a 2.98% gain in EDMONTON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on EDMONTON, 4869 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 13.43%.
Based on its average 5-year and quarterly capital gains EDMONTON, 4869 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 $397,000
Profits averaged 7.38% per annum over a 3-year period, due to an upward trend in home prices in EDMONTON, 4869.
This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
The gross rental yield in EDMONTON, 4869 is 5.63%.
An average of 23.92 real estate transactions take place per month in EDMONTON which translates to 287 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $397,000 | $180,000 |
GROWTH REPORT | ||
Median Quarterly | 2.98% | 19.01% |
Median 12 month | 13.43% | -22.41% |
Median 3 years | 22.15% | 22.87% |
Median 5 years | 13.43% | -5.76% |
10 years average annual | 2.19% | 3.63% |
Weekly media advert. rent | $430 | $290 |
Time on Market | 32.3 days | 52.6 days |
Gross Rental Yield Percent | 5.63% | 8.38% |