Property investors who have had real estate in Milton, 4064 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.75%
Comparing Milton,4064 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -9.04% to buyers in Milton at the moment, which is less than average for the rest of QLD.
Using the current median advertised rental of $560 and the average annual increase in value of a median property of 7.96%, investors should hope to achieve an overall return of 3.12%
Over the last year, property investments in Milton, 4064 have given investors a capital gain of 0.87%. This compares averagely with the 1.23% for QLD as a whole.
A 14.65% growth in median value for property investors in Milton,4064 puts this suburb at number 209th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.79% offered to property buyers. Sellers in Milton itself are offering an average vendor discount of -8.68% to real estate investors.
Often selling an investment property can take time, and in Milton the average time real estate has been on the market is 104.56 days.
A $485 per week rent on the median house gives suburb investors a gross yield of circa 4.36%, without taking into account capital value appreciation, which has been averaging out at 5.69%.