At number 480th in the list of Australian suburbs ordered by increase in median house value over the last year, Nudgee, 4014 is in the top 20% with a property value increase of 14.79% recorded in median house prices.
If we look at median property appreciation over just the last three months, Nudgee has given property investors a paper return of 5.90%. This puts Suburb as 75 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Nudgee itself are offering an average vendor discount of -5.58% to real estate investors.
On average over the past year, suburb has had 8.00 sales per month, which equates to 96 per year.
Using the current median advertised rental of $517.5 and the average annual increase in value of a median property of 8.41%, investors should hope to achieve an overall return of 4.17%