Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Property investors have seen a 1.57% 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 $355,000
Profits averaged 0.48% 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 $400 based on current median home prices for the suburb.
The gross rental yield in EDMONTON, 4869 is 5.86%.
An average of 14.58 real estate transactions take place per month in EDMONTON which translates to 175 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $355,000 | $221,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.57% | N/A |
| Median 12 month | 4.41% | N/A |
| Median 3 years | 1.43% | N/A |
| Median 5 years | 4.41% | N/A |
| 10 years average annual | 0.5% | N/A |
| Weekly media advert. rent | $400 | $270 |
| Time on Market | 65.1 days | 0.0 days |
| Gross Rental Yield Percent | 5.86% | 6.35% |
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