Investment property in Queens Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.76%
Comparing Queens Park,2022 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Queens Park, 2022. Typically our figures indicate that -8.39% is being offered, which puts this NSW suburb at 682th most discounted overall in Australia.
Using the current median advertised rental of $1400 and the average annual increase in value of a median property of 6.48%, investors should hope to achieve an overall return of 3.25%
If you compare the increase in value of investment property in Queens Park, 2022 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.41%.
In the last year 16 properties changed hands in Queens Park, which puts it as the 479th most active market in NSW when comparing the number of sales per suburb.