Property value increases in Durack have tracked higher than the QLD average of 1.88% over the last 12 months.
Durack,4077 has offered an average of 9.90% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Durack, 4077. Typically our figures indicate that -4.79% is being offered, which puts this QLD suburb at 2723th most discounted overall in Australia.
On average over the past year, suburb has had 5.83 sales per month, which equates to 70 per year.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.38%, without taking into account capital value appreciation, which has been averaging out at 5.81%.
At number 998th in the list of Australian suburbs ordered by increase in median house value over the last year, Durack, 4077 is in the BOTTOM 50% with a property value increase of 1.00% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Durack comes in at number 253th in QLD.