Mcdowall has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.00% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mcdowall has increased when compared to the 5 year average annual rate.
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 -4.32% is being offered, which puts this QLD suburb at 3019th most discounted overall in Australia.
On average over the past year, suburb has had 8.42 sales per month, which equates to 101 per year.
Mcdowall, 4053’s gross rental yield is 4.13%
Mcdowall is in the bottom 10% in QLD when comparing median price capital growth over the last year. Mcdowall gave property investors a dismal capital gain figure when compared to the rest of the state, with -19.15%.
If we look at median property appreciation over just the last three months, Mcdowall has given property investors a paper return of -5.00%. This puts Suburb as 320 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Mcdowall should be aiming for at least -5.15% off the asking price, which is the average vendor discount being achieved at the moment.
At number 392 in a list of fastest selling suburbs, Mcdowall is in the TOP 30% of suburbs in Australia with an average of days on market 59.4 for properties listed there.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.