Over the last year, property investments in Margate, 4019 have given investors a capital gain of 7.32%. This compares favourably with the 2.51% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Margate comes in at number 193th in QLD.
At number 647th of QLD’s most discounted properties, Margate is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Margate, 4019’s gross rental yield is 4.25%
At number 946th in the list of Australian suburbs ordered by increase in median house value over the last year, Margate, 4019 is in the BOTTOM 50% with a property value increase of 1.58% recorded in median house prices.
Over the longer term, Margate has seen property prices show investors a 10.32% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Margate is giving property investors an average Vendor Discount of around -4.55%. This puts suburb at number 240th in QLD when ranking the most discounted suburbs.
Property investors should expect to get $350 weekly from the median priced house in this suburb.