Aspley, 4034 ranked 170th in QLD when comparing growth in median property values or capital gain over the last 12 months. Aspley is one of 2415 in our list for QLD
Across a shorter period, Aspley, 4034 has seen a median price increase of 1.30% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Aspley itself are offering an average vendor discount of -5.01% to real estate investors.
In the last year 162 properties changed hands in Aspley, which puts it as the 89th most active market in QLD when comparing the number of sales per suburb.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.02%, without taking into account capital value appreciation, which has been averaging out at 5.58%.
With a capital gain of 2.67% for the last 12 months, Aspley, 4034 has performed for property investments than its average annual 3.90% property growth over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Aspley, 4034. Typically our figures indicate that -4.13% is being offered, which puts this QLD suburb at 1043th most discounted overall in Australia.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.90%, investors should hope to achieve an overall return of 5.13%