At number 1334th in the list of Australian suburbs ordered by increase in median house value over the last year, Seventeen Mile Rocks, 4073 is in the top 40% with a property value increase of 9.58% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Seventeen Mile Rocks comes in at number 138th in QLD.
LACK OF BUYER INTEREST may well be the reason that Seventeen Mile Rocks is offering property investors an average of -7.16. This rate of discount on properties puts Suburb at number 723th in terms of most discounted suburbs in QLD
A $492.5 per week rent on the median house gives suburb investors a gross yield of circa 3.58%, without taking into account capital value appreciation, which has been averaging out at 6.19%.