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Investment Property Miami, QLD, 4220

Suburb Snapshot

Miami is a suburb in the Gold Coast Region of Queensland. Miami has a population of 6,852 people and 32.20% of its occupants live in rental accommodation. The median listing price for houses is $1,800,000 and this has changed 2.91% over the past year and changed 20.40% over 2 years.

The median rent in Miami for houses is $950 per week and the median rental yield is 2.74%. Stock on the market for houses/townhouses has changed -39.47% compared to last year and the average time to sell a house/townhouse is 111 days.The median listing price for units is $869,000 and this has changed 15.94% over the past year. The average unit takes 99 days to sell and the median rent for a unit in Miami is $750 per week, producing a rental yield of 4.48%.

Supply & Demand in Miami, Gold Coast

1.11%

Current vacancy rate


46

Rental stock available


6,852

Population


32.20%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Miami, Gold Coast

  House Townhouses Units
Median listing price $1,800,000 $1,395,000 $869,000
Median price change - last quarter 0.00% -8.47% 4.82%
Median price change - 1 year 2.91% 0.00% 15.94%
Median price change - 2 years 20.40% 40.90% 20.02%
  House Townhouses Units
Median weekly rent $950 $850 $750
Median yield % 2.74% 3.16% 4.48%
Median rent change - 1 year 5.55% 3.03% 4.89%
  House Units
Previous month sales 6 4
Stock on market previous month 23 42
Stock variance vs. last year -39.47% 16.67%
Average days on market 111 99

Miami investment property listings

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