Giving property investors a a stable capital gain of 7.63% for the last year, Margate, 4019 is the 1451th highest performer in Australia in this respect.
Across a shorter period, Margate, 4019 has seen a median price increase of 4.49% over the last quarter.
Property buyers and investors in Margate 4019 should be seeing an average reduction in asking price of around -5.10% . This means that Margate is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 13.92 sales per month, which equates to 167 per year.
Situated 26.03km from the CBD, Margate is one of Moreton Bay localities in the postcode 4019.
Margate has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.53% to date .
Margate,4019 has offered an average of 7.53% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Margate itself are offering an average vendor discount of -4.54% to real estate investors.
Situated 22.28km from the CBD, Margate is one of Moreton Bay localities in the postcode 4019.