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AREA REPORTS

Queenstown

Suburb Profile

Queenstown - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5014

house
unit

Property investors have seen a 4.25% gain in QUEENSTOWN based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains QUEENSTOWN, 5014 saw average growth in the long term.

The SA 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 $410,500

Profits averaged 0.33% per annum over a 3-year period, due to an upward trend in home prices in QUEENSTOWN, 5014.

This means, real estate investors could earn a rental income of $362.5 based on current median home prices for the suburb.

The gross rental yield in QUEENSTOWN, 5014 is 4.59%.

An average of 2 real estate transactions take place per month in QUEENSTOWN which translates to 24 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $410,500 $302,500
GROWTH REPORT
Median Quarterly 4.25% -3.97%
Median 12 month 7.99% 0.83%
Median 3 years 0.98% N/A
Median 5 years 5.26% 9.01%
10 years average annual 1.12% 3.02%
Weekly media advert. rent $362.5 $285
Time on Market 60.1 days 0.0 days
Gross Rental Yield Percent 4.59% 4.9%
demographics (median values)
Total Population
1764
Weekly Household Income
602
Household Size
2.00
demographics
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