Deceptive Marketing Disputes Rise In Hot Qld Market
A booming property market in South-East Queensland has brought with it a rising number of legal disputes over how proper...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $830,000.
The upward trend in home prices in DOUBLEVIEW, 6018 averaged 5.91% per annum over a 3-year period.
Average weekly rents on listings have reached the $600 mark, reflecting a 3.76% increase in returns based on the current median price in DOUBLEVIEW.
An average of 16 real estate transactions take place per month in DOUBLEVIEW which translates to 192 per annum.
192 properties were sold in DOUBLEVIEW in 2016, making it the 327th most active market in WA based on total real estate transactions.
DOUBLEVIEW, 6018 places 192nd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.09%||11.11%|
|Median 3 years||17.73%||2.8%|
|Median 5 years||14.48%||12.24%|
|10 years average annual||3.1%||3.94%|
|Weekly media advert. rent||$600||$500|
|Time on Market||20.6 days||31.9 days|
|Gross Rental Yield Percent||3.76%||4.73%|