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 3.73% gain in EDMONTON based on an increase in median home prices for the past three months.
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 $347,500
Profits averaged -0.38% per annum over a 3-year period, due to an downward trend in home prices in EDMONTON, 4869.
This means, real estate investors could earn a rental income of $395 based on current median home prices for the suburb.
The gross rental yield in EDMONTON, 4869 is 5.91%.
An average of 11.92 real estate transactions take place per month in EDMONTON which translates to 143 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $347,500 | $135,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.73% | -1.82% |
| Median 12 month | 6.92% | -7.85% |
| Median 3 years | -1.14% | -34.15% |
| Median 5 years | 0.72% | -4.76% |
| 10 years average annual | 0.41% | -1.89% |
| Weekly media advert. rent | $395 | $270 |
| Time on Market | 81.7 days | 100.0 days |
| Gross Rental Yield Percent | 5.91% | 10.4% |
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