Sandgate has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.60% to date .
While Sandgate,4017 ranked number 801th in QLD for increase in median house value (annualised) increase, it is ranked 344th over the last 5 years.
At number 510th of QLD’s most discounted properties, Sandgate is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 61 properties changed hands in Sandgate, which puts it as the 378th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Sandgate being $600000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 3.73%
Property investors who have had real estate in Sandgate, 4017 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -13.19%
Across a shorter period, Sandgate, 4017 has seen a median price increase of -2.47% over the last quarter.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.