Investment property in Mcdowall has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.49%
If we look at median property appreciation over just the last three months, Mcdowall has given property investors a paper return of -0.91%. This puts Suburb as 629 on a list of fastest fasting appreciating suburbs in QLD
At number 760th of QLD’s most discounted properties, Mcdowall is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.
With a capital gain of -18.72% for the last 12 months, Mcdowall, 4053 has performed for property investments than its average annual 3.99% property growth over the last 5 years.
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.
Property investors looking for a bargain in Mcdowall should be aiming for at least -4.33% off the asking price, which is the average vendor discount being achieved at the moment.
Mcdowall is 210th on a list of best yielding suburbs for rents in QLD with a 5.17% return