Investment property in Geebung has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.67%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Geebung has increased when compared to the 5 year average annual rate.
Property buyers and investors in Geebung 4034 should be seeing an average reduction in asking price of around -5.33% . This means that Geebung is holding prices well when compared to other suburbs in QLD.
In the last year 77 properties changed hands in Geebung, which puts it as the 313th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $400 mark per week – giving a return of 4.06% based on the median price in Suburb