
Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
JULATTEN, 4871 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in QLD have risen as a whole, pulling JULATTEN, 4871 values up and netting property investors a capital gain of 11.12% for the past year.
Investors saw the median home price rise to $494,500.
Profits due to an upward trend in home prices in the suburb averaged 10.04% per annum over a 3-year period.
JULATTEN now ranks at the 45th 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 JULATTEN are high, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In JULATTEN, homes and units usually stay on listing for an average of 185.8 days.
In 2016, 16 properties were sold in JULATTEN during the past year, making it the 678th most active market in QLD based on total real estate transactions.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $494,500 | N/A |
GROWTH REPORT | ||
Median Quarterly | 12.39% | N/A |
Median 12 month | 11.12% | N/A |
Median 3 years | 30.13% | N/A |
Median 5 years | 12.39% | N/A |
10 years average annual | 4.9% | N/A |
Weekly media advert. rent | N/A | N/A |
Time on Market | 185.8 days | N/A |
Gross Rental Yield Percent | N/A | N/A |
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