QLD / Moreton Bay (R) / 4054 / Keperra

Keperra Property Data December 2021

Updated 15 December 2021

Keperra Property Sales Overview

The median property value in Keperra for December is $804,460.

Houses have increased by 2.50% for the month and decreased 0% for the year.

Rental demand is up with yields decreasing in February to 3.27%, from 3.34% in January.

The number of properties sold this quarter is down on last quarter from 61 to 12. This is down on the 5 year quarterly average of 137 indicating weaker demand.

What's the median House price in Keperra in December 2021?

The median property value for houses in Keperra is $804,460.

This is an increase of 2.50% ($784,859) from last month.

Median price looking back 12 months

How much does it cost to rent a House in Keperra?

Rent prices in Keperra are the highest they've been in 12 months at $542.

This is up 8.84% from a 12 month low of $498 in December 2020 and a 1.12% up from last month.

Rental cost looking back 12 months

What's the current rental yield in Keperra?

Rental yields for houses in Keperra have decreased in December for the 6th consecutive month.

This is the same from a 12 month low of 3.27% in December 2021 and down from a 12 month high of 3.85% in January 2021.

Rental yield looking back 12 months

How many properties sold in Keperra in February?

Total sales volume in Keperra is 12, which is down from 61 in the previous quarter.

This is -40.00% weaker than the weakest quarter in the last 5 years which was Q4 2019 with 20 sales and -67.57% weaker than the strongest quarter in the past 5 years which saw 37 sales in Q3 2017.

Quarterly volume of sales looking back 5 years

How long did it take to sell a property in Keperra in February?

12 days is the average time on market in Keperra in December, which is up from 11 in November.

This indicates a competitive market for buyers where the more organised you are the better chance you have of securing.

Number of days on market looking back 12 months

Are properties selling below or above the listing price in Keperra?

December sees the vendor expectation error for Keperra at 7.1% which means, on average, places sold for 7.1% more than the listing price.

This is handy to know as a buyer to set your expectation and to give you a more realistic view of what you might expect properties to sell for on auction day.

It’s worth noting that in a hot market you might want to set your price expectations even higher than the 7.1% as things can move pretty quickly.

Vendor expectation error looking back 12 months
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