Bargains set to hit the market in wake of royal commission
New research has determined two-thirds of property experts believe the current banking royal commission will bring down property prices thro...
Property investors enjoyed capital gains of 3% over the last 12 months in SPEEWAH, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in SPEEWAH are high, as opposed to average gains per annum over the past five years.
The suburb posted a 3% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in SPEEWAH.
SPEEWAH, 4881 ranks 415th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 828th on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $515,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.29% | N/A |
| Median 12 month | 3% | N/A |
| Median 3 years | 3% | N/A |
| Median 5 years | 14.44% | N/A |
| 10 years average annual | 1.23% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 101.1 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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