If you compare the increase in value of investment property in Nudgee, 4014 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 14.74%.
Over the longer term, Nudgee has seen property prices show investors a 20.37% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Nudgee is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 562th in terms of most discounted suburbs in QLD
At number 949 in a list of fastest selling suburbs, Nudgee is in the TOP 30% of suburbs in Australia with an average of days on market 61.9 for properties listed there.
With the median price for a house in Nudgee being $650000 and the advertised rent reaching $535 the gross rental yield for property investors calculates out to be 4.28%