Property value increases in Mcdowall have tracked just higher than the QLD average of 2.11% over the last 12 months.
If we look at median property appreciation over just the last three months, Mcdowall has given property investors a paper return of -0.40%. This puts Suburb as 538 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Mcdowall is $630000, with sellers offering an average of -4.21% off the asking price.
Over the last year, property investments in Mcdowall, 4053 have given investors a capital gain of -17.66%. This compares very badly with the 1.12% for QLD as a whole.
Over the longer term, Mcdowall has seen property prices show investors a -3.25% return over the last 3 years. This is worse than over the last 12 months
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 Mcdowall, 4053. Typically our figures indicate that -4.82% is being offered, which puts this QLD suburb at 840th most discounted overall in Australia.
At number 386 in a list of fastest selling suburbs, Mcdowall is in the TOP 30% of suburbs in Australia with an average of days on market 59.18 for properties listed there.
With the median price for a house in Mcdowall being $387000 and the advertised rent reaching $382.5 the gross rental yield for property investors calculates out to be 5.14%