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 5.12% gain in KANGAROO FLAT based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on KANGAROO FLAT, 3555 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 13.43%.
Based on its average 5-year and quarterly capital gains KANGAROO FLAT, 3555 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 $380,000
Profits averaged 7.46% per annum over a 3-year period, due to an upward trend in home prices in KANGAROO FLAT, 3555.
This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
The gross rental yield in KANGAROO FLAT, 3555 is 4.65%.
An average of 16.75 real estate transactions take place per month in KANGAROO FLAT which translates to 201 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | $260,500 |
| GROWTH REPORT | ||
| Median Quarterly | 5.12% | 4.2% |
| Median 12 month | 13.43% | 8.54% |
| Median 3 years | 22.38% | 18.41% |
| Median 5 years | 28.81% | 11.92% |
| 10 years average annual | 4.15% | 4.21% |
| Weekly media advert. rent | $340 | $287.5 |
| Time on Market | 45.1 days | 81.3 days |
| Gross Rental Yield Percent | 4.65% | 5.74% |
This article will highlight what has been happening in the Brisbane Property Market during February 2021. ...
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