
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 Price | $350,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | -3.45% | N/A |
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 |