Hidden Brisbane property gem revealed
An under-the-radar suburb in a heating up Brisbane market has been tipped to be the next hotspot for real estate investors, according to ind...
The suburb’s capital gain of -3.51% for the past year is higher than average compared to its -20.93% growth within a five-year period.
Also in YANCHEP, the median home price is sitting at $357,000, and the average rent at $320, this suggests property owners could potentially earn a 4.66% increase in gross rental yield.
Property investors have seen a 2% gain in YANCHEP based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.57% growth over a ten-year period. It ranks 3217th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $357,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2% | N/A |
| Median 12 month | -3.51% | N/A |
| Median 3 years | -12.39% | N/A |
| Median 5 years | -20.93% | N/A |
| 10 years average annual | 1.57% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 116.2 days | N/A |
| Gross Rental Yield Percent | 4.66% | N/A |
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