Giving property investors a an average capital gain of 6.11% for the last year, Zillmere, 4034 is the 1963th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Zillmere has increased when compared to the 5 year average annual rate.
The most recent median price for Zillmere is $477500, with sellers offering an average of -5.89% off the asking price.
Advertised rents are around the $380 mark per week – giving a return of 4.14% based on the median price in Suburb
Zillmere, 4034 ranked 231th in QLD when comparing growth in median property values or capital gain over the last 12 months. Zillmere is one of 2415 in our list for QLD
Across a shorter period, Zillmere, 4034 has seen a median price increase of -2.05% over the last quarter.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.15% offered to property buyers. Sellers in Zillmere itself are offering an average vendor discount of -4.80% to real estate investors.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.09%, without taking into account capital value appreciation, which has been averaging out at 3.50%.