Property investors enjoyed capital gains of 0.92% over the last 12 months in STRATFORD, translating to lower returns compared with its peers in QLD.
The suburb posted a 20.48% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
On average, rents on listings have reached the $450 mark, reflecting a 4.25% increase in returns based on the current median price in STRATFORD.
STRATFORD, 4870 ranks 535th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 522nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.25% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.92%||N/A|
|Median 3 years||20.48%||N/A|
|Median 5 years||20.88%||N/A|
|10 years average annual||4.12%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||131.3 days||N/A|
|Gross Rental Yield Percent||4.25%||N/A|