Property Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
Property investors have seen a -3.45% 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 $350,000
Profits averaged 1.49% per annum over a 3-year period, due to an upward trend in home prices in MALANDA, 4885.
This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
The gross rental yield in MALANDA, 4885 is 5.05%.
An average of 4.5 real estate transactions take place per month in MALANDA which translates to 54 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.11%||N/A|
|Median 3 years||4.48%||N/A|
|Median 5 years||17.65%||N/A|
|10 years average annual||0.73%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||56.6 days||N/A|
|Gross Rental Yield Percent||5.05%||N/A|