5 key changes sought to drive WA property market
Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...
Property investors have seen a 0% gain in MALANDA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MALANDA, 4885 saw average growth in the long term.
The QLD suburb also 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 $310,000
Profits averaged -4.83% per annum over a 3-year period, due to an downward trend in home prices in MALANDA, 4885.
This means, real estate investors could earn a rental income of $325 based on current median home prices for the suburb.
The gross rental yield in MALANDA, 4885 is 5.45%.
An average of 3.58 real estate transactions take place per month in MALANDA which translates to 43 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $310,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 4.91% | N/A |
| Median 3 years | -14.48% | N/A |
| Median 5 years | 10.71% | N/A |
| 10 years average annual | 0.03% | N/A |
| Weekly media advert. rent | $325 | N/A |
| Time on Market | 138.2 days | N/A |
| Gross Rental Yield Percent | 5.45% | N/A |
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