Over the last year, property investments in Durack, 4077 have given investors a capital gain of 6.04%. This compares favourably with the 2.38% for QLD as a whole.
The five-year average increase in median property values for Durack,4077 has given property investors a potential capital gain of 26.34% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Durack is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 458th in terms of most discounted suburbs in QLD
In the last year 80 properties changed hands in Durack, which puts it as the 304th most active market in QLD when comparing the number of sales per suburb.
Durack has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.57% to date .
Over the longer term, Durack has seen property prices show investors a 1.14% return over the last 3 years. This is worse than over the last 12 months
With the median price for a house in Durack being $354000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.14%