
Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Property investors have seen a 4.75% gain in EARLVILLE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains EARLVILLE, 4870 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 $430,000
Profits averaged 4.14% per annum over a 3-year period, due to an upward trend in home prices in EARLVILLE, 4870.
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 EARLVILLE, 4870 is 5.2%.
An average of 5.75 real estate transactions take place per month in EARLVILLE which translates to 69 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $430,000 | $220,000 |
GROWTH REPORT | ||
Median Quarterly | 4.75% | 12.82% |
Median 12 month | 8.86% | 13.99% |
Median 3 years | 12.42% | 22.22% |
Median 5 years | 15.13% | -0.45% |
10 years average annual | 2.98% | 0.88% |
Weekly media advert. rent | $430 | $350 |
Time on Market | 45.1 days | 60.0 days |
Gross Rental Yield Percent | 5.2% | 8.27% |