QLD / Burdekin (S) / 4816 / Malpas-trenton

Malpas-trenton Property Data December 2021

Updated 15 December 2021

Malpas-trenton Property Sales Overview

The median property value in Malpas-trenton for December is $129,414.

Houses have increased by 1.30% for the month and decreased 0% for the year.

Rental demand is up with yields increasing in February to 8.00%, from 7.93% in January.

The number of properties sold this quarter is the same on last quarter from 0 to 0. This is the same on the 5 year quarterly average of 0 indicating no change in demand.

What's the median House price in Malpas-trenton in December 2021?

The median property value for houses in Malpas-trenton is $129,414.

This is an increase of 1.30% ($127,753) from last month.

Median price looking back 12 months

How much does it cost to rent a House in Malpas-trenton?

Rent prices in Malpas-trenton are the highest they've been in 12 months at $396.

This is up 7.61% from a 12 month low of $368 in December 2020 and a 2.59% up from last month.

Rental cost looking back 12 months

What's the current rental yield in Malpas-trenton?

Rental yields for houses in Malpas-trenton is 8%.

This is up from a 12 month low of 7.93% in November 2021 and down from a 12 month high of 8.51% in March 2021.

Rental yield looking back 12 months

How many properties sold in Malpas-trenton in February?

Total sales volume in Malpas-trenton is 0, which is the same from 0 in the previous quarter.

This is the same as the weakest quarter in the last 5 years which was Q3 2021 with 0 sales and 0% the same than the strongest quarter in the past 5 years which saw 0 sales in Q3 2021.

Quarterly volume of sales looking back 5 years

How long did it take to sell a property in Malpas-trenton in February?

54 days is the average time on market in Malpas-trenton in December, which is the same from 54 in November and has been trending down since October 2021.

This can indicate a buyers market where sellers are finding it harder to make a sale.

Number of days on market looking back 12 months

Are properties selling below or above the listing price in Malpas-trenton?

December sees the vendor expectation error for Malpas-trenton at -3.6% which means, on average, places sold for -3.6% less than the listing price.

This is a great sign for buyers looking to negotiate.

It’s worth noting that in a hot market you might want to set your price expectations even higher than the -3.6% as things can move pretty quickly.

Vendor expectation error looking back 12 months
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