If you compare the increase in value of investment property in Aspley, 4034 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.64%.
While Aspley,4034 ranked number 393th in QLD for increase in median house value (annualised) increase, it is ranked 185th over the last 5 years.
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 -4.32% to real estate investors.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 5.04%, investors should hope to achieve an overall return of 3.99%
Investment property in Aspley has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.39%
If we look at median property appreciation over just the last three months, Aspley has given property investors a paper return of -0.26%. This puts Suburb as 188 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Aspley 4034 should be seeing an average reduction in asking price of around -4.25% . This means that Aspley is holding prices well when compared to other suburbs in QLD.
Aspley, 4034’s gross rental yield is 5.08%