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 Price | $550,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| 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 |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...