Over the last year, property investments in Mcdowall, 4053 have given investors a capital gain of 1.61%. This compares averagely with the 2.51% for QLD as a whole.
If we look at median property appreciation over just the last three months, Mcdowall has given property investors a paper return of 0.00%. This puts Suburb as 485 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Mcdowall is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 726th in terms of most discounted suburbs in QLD
Property value increases in Mcdowall have tracked lower than the QLD average of 0.65% over the last 12 months.
Across a shorter period, Mcdowall, 4053 has seen a median price increase of -6.50% 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 -6.05% offered to property buyers. Sellers in Mcdowall itself are offering an average vendor discount of -4.33% to real estate investors.
Often selling an investment property can take time, and in Mcdowall the average time real estate has been on the market is 55 days.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.95%, investors should hope to achieve an overall return of 5.28%