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9 MIN READProperty 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 ...
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MypongaMyponga - SUBURB PROFILE REPORT
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Property investors enjoyed capital gains of 2.27% over the last 12 months in MYPONGA, translating to lower returns compared with its peers in SA.
Figures from the previous quarter show that capital gains for real estate buyers in MYPONGA are low, as opposed to average gains per annum over the past five years.
The suburb posted a 53.32% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in MYPONGA.
MYPONGA, 5202 ranks 420th in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 491st on the list of best yielding suburbs for rental properties in SA, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.2% | N/A |
| Median 12 month | 2.27% | N/A |
| Median 3 years | 53.32% | N/A |
| Median 5 years | 46.1% | N/A |
| 10 years average annual | 5.91% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 37.1 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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