‘Wealth taxes’ in property prompt lobbying for new minister
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...
Property investors have seen a -5.63% drop in MALANDA based on a decrease 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 $335,000
Profits averaged 4.52% per annum over a 3-year period, due to an upward trend in home prices in MALANDA, 4885.
The gross rental yield in MALANDA, 4885 is 0%.
An average of 2.92 real estate transactions take place per month in MALANDA which translates to 35 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $335,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.63% | N/A |
| Median 12 month | -1.47% | N/A |
| Median 3 years | 13.56% | N/A |
| Median 5 years | 8.06% | N/A |
| 10 years average annual | 0.62% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 161.6 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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