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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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MooroopnaMooroopna - SUBURB PROFILE REPORT
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Property investors have seen a 4.14% gain in MOOROOPNA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MOOROOPNA, 3629 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 28.11%.
Based on its average 5-year and quarterly capital gains MOOROOPNA, 3629 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 $339,500
Profits averaged 15.87% per annum over a 3-year period, due to an upward trend in home prices in MOOROOPNA, 3629.
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 MOOROOPNA, 3629 is 5.21%.
An average of 14.5 real estate transactions take place per month in MOOROOPNA which translates to 174 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $339,500 | $259,000 |
| GROWTH REPORT | ||
| Median Quarterly | 4.14% | 3.6% |
| Median 12 month | 28.11% | 37.04% |
| Median 3 years | 47.61% | 60.37% |
| Median 5 years | 57.91% | 55.09% |
| 10 years average annual | 5.03% | 4.16% |
| Weekly media advert. rent | $340 | $245 |
| Time on Market | 48.6 days | 44.5 days |
| Gross Rental Yield Percent | 5.21% | 4.92% |
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