A steady increase in median property prices over a five-year period in the suburb translates to a 30.39% capital gain.
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 $590,000.
Profits due to an upward trend in home prices there averaged 10.13% per annum over a 3-year period.
Home owners selling their properties and realtors in PORT MACDONNELL usually have to wait an average of N/A days before their assets are lifted off the market.
Average weekly rents on listings have reached the $440 mark, reflecting a 3.88% increase in returns based on the current median price in PORT MACDONNELL.
PORT MACDONNELL, 5291 places th in Australia based on median property value growth during the quarter.