At number 1962th in the list of Australian suburbs ordered by increase in median house value over the last year, Zillmere, 4034 is in the top half with a property value increase of 4.78% recorded in median house prices.
If we look at median property appreciation over just the last three months, Zillmere has given property investors a paper return of 1.10%. This puts Suburb as 325 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Zillmere is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 597th in terms of most discounted suburbs in QLD
Zillmere, 4034’s gross rental yield is 4.24%
QLD has seen average median house prices change by 0.77% which means that Zillmere, 4034 has done well for property investors by showing a capital gain of 4.23% over the last year
Zillmere,4034 was ranked 601 in Australia by increase in median property value over the quarter.
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 Zillmere, 4034. Typically our figures indicate that -4.29% is being offered, which puts this QLD suburb at 1000th most discounted overall in Australia.
Often selling an investment property can take time, and in Zillmere the average time real estate has been on the market is 75.59 days.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.19%, investors should hope to achieve an overall return of 4.92%