Oxley has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.64% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Oxley has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Oxley are currently offering property investors an average price cut of -5.05% below the asking price at the moment.
If you compare the increase in value of investment property in Oxley, 4075 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.27%.
Across a shorter period, Oxley, 4075 has seen a median price increase of -0.77% over the last quarter.
The most recent median price for Oxley is $354750, with sellers offering an average of -7.04% off the asking price.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 5.64%, without taking into account capital value appreciation, which has been averaging out at 6.21%.