This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
On average, rents on listings have reached the $400 mark, reflecting a 5.4% increase in returns based on the current median price in HOLLOWAYS BEACH.
HOLLOWAYS BEACH, 4878 ranks 610th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 149th on the list of best yielding suburbs for rental properties in QLD, posting a 5.4% return.
Property investors have seen a 1.3% gain in HOLLOWAYS BEACH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HOLLOWAYS BEACH, 4878 saw average growth in the long term.
HOLLOWAYS BEACH, 4878 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 $195,000.
Profits due to an upward trend in home prices in HOLLOWAYS BEACH, 4878 averaged 2.78% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $277.5 based on current median home prices for the suburb.
The gross rental yield in HOLLOWAYS BEACH, 4878 is 7.4%.
An average of 1.92 real estate transactions take place per month in HOLLOWAYS BEACH which translates to 23 per annum.
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