Herberton

POSTAL CODE: QLD, 4887

HOUSE

Property investors have seen a -6.04% drop in HERBERTON based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on HERBERTON, 4887 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 11.04%.

Based on its average 5-year and quarterly capital gains HERBERTON, 4887 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 $427,500

Profits averaged 14% per annum over a 3-year period, due to an upward trend in home prices in HERBERTON, 4887.

This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

The gross rental yield in HERBERTON, 4887 is N/A.

An average of 1.67 real estate transactions take place per month in HERBERTON which translates to 20 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$427,500	N/A
Growth Report
Median Quarterly	-6.04%	N/A
Median 12 month	11.04%	N/A
Median 3 years	42.98%	N/A
Median 5 years	83.87%	N/A
10 years average annual	9.01%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	39.3 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 977

Weekly Household Income 598

Household Size 2.30

Average Age 43

Monthly Loan Repayment 795

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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