The case for Canberra’s office market
No longer just a public service bubble, Canberra has seen an increase in private sector activity in recent years, bringing with it a raft of...
Property investors enjoyed capital gains of 6.02% over the last 12 months in STRATFORD, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in STRATFORD are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $457.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $457.5 mark, reflecting a 4.36% increase in returns based on the current median price in STRATFORD.
STRATFORD, 4870 ranks 179th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 533rd on the list of best yielding suburbs for rental properties in QLD, posting a 4.36% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $546,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.11% | N/A |
| Median 12 month | 6.02% | N/A |
| Median 3 years | -2.5% | N/A |
| Median 5 years | 21.33% | N/A |
| 10 years average annual | 4.5% | N/A |
| Weekly media advert. rent | $457.5 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 4.36% | N/A |
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