Brisbane property market update February 2021
This article will highlight what has been happening in the Brisbane Property Market during February 2021. ...
Property investors have seen a 0% gain in ALTONA MEADOWS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ALTONA MEADOWS, 3028 saw average growth in the long term.
The VIC 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 $630,000
Profits averaged 1.21% per annum over a 3-year period, due to an upward trend in home prices in ALTONA MEADOWS, 3028.
This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in ALTONA MEADOWS, 3028 is 3.14%.
An average of 10.75 real estate transactions take place per month in ALTONA MEADOWS which translates to 129 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $630,000 | $471,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -0.84% |
| Median 12 month | 0.8% | 2.39% |
| Median 3 years | 3.62% | 10.56% |
| Median 5 years | 40% | 30.83% |
| 10 years average annual | 4.87% | 4.31% |
| Weekly media advert. rent | $380 | $340 |
| Time on Market | 38.7 days | 43.7 days |
| Gross Rental Yield Percent | 3.14% | 3.75% |
This article will highlight what has been happening in the Brisbane Property Market during February 2021. ...
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