If you compare the increase in value of investment property in Durack, 4077 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.25%.
A 29.18% growth in median value for property investors in Durack,4077 puts this suburb at number 478th in terms of best performing suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Durack itself are offering an average vendor discount of -6.19% to real estate investors.
Durack, 4077’s gross rental yield is 4.31%
Property investors who have had real estate in Durack, 4077 should be ok 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 0.57%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Durack has fallen somewhat when compared to the 5 year average annual rate.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.