If you compare the increase in value of investment property in Deagon, 4017 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.15%.
Deagon,4017 was ranked 2486 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Deagon are currently offering property investors an average price cut of -4.61% below the asking price at the moment.
Often selling an investment property can take time, and in Deagon the average time real estate has been on the market is 60.8 days.
With the median price for a house in Deagon being $430000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.60%
Deagon is 2nd on a list of best yielding suburbs for rents in QLD with a 13.37% return