REIA backs HomeBuilder package
The Real Estate Institute of Australia has thrown its support behind the federal government’s new housing stimulus package. ...
Subscribe to our newsletter
MANUNDA, 4870 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 $342,500.
Profits due to an downward trend in home prices in the suburb averaged -0.67% per annum over a 3-year period.
MANUNDA now ranks at the 563rd place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in MANUNDA are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $375 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MANUNDA, homes and units usually stay on listing for an average of 75.0 days.
In 2016, 49 properties were sold in MANUNDA during the past year, making it the 238th most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $342,500 | $151,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.44% | 2.03% |
| Median 12 month | -3.25% | -3.21% |
| Median 3 years | -2% | -9.31% |
| Median 5 years | 4.58% | -3.82% |
| 10 years average annual | 0.78% | -1.4% |
| Weekly media advert. rent | $375 | $260 |
| Time on Market | 75.0 days | 70.7 days |
| Gross Rental Yield Percent | 5.69% | 8.95% |
The Real Estate Institute of Australia has thrown its support behind the federal government’s new housing stimulus package. ...
New research has revealed a “surprising response” to a rise in listings recorded over the month of May. ...
New data has provided insight into building approvals data, which details projects lodged with local councils largely pre-COVID-19. ...
Queenslanders now able to enjoy a well-deserved break again at Sunshine State holiday hotspots can look forward to finding their accommodati...
Home owners are advised to tread carefully when signing up for loan repayment deferrals. ...
More federal government stimulus packages and the prospect of negative interest rates could be pivotal in helping the Australian economy reb...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
