REDBANK PLAINS 
1 MIN READHouse Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Read More
CooktownCooktown - SUBURB PROFILE REPORT
SHARE 
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $322,500.
The upward trend in home prices in COOKTOWN, 4895 averaged 2.8% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in COOKTOWN.
An average of 7.17 real estate transactions take place per month in COOKTOWN which translates to 86 per annum.
86 properties were sold in COOKTOWN in 2016, making it the 55th most active market in QLD based on total real estate transactions.
COOKTOWN, 4895 places 945th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $322,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.77% | N/A |
| Median 12 month | 4.03% | N/A |
| Median 3 years | 8.4% | N/A |
| Median 5 years | 5.74% | N/A |
| 10 years average annual | 1.96% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 134.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
PODCAST
