Richlands is in the bottom 20% in QLD when comparing median price capital growth over the last year. Richlands gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.82%.
Taking the average capital gain, or increase in median house value, Richlands,4077 has racked up an average of -8.82% over the period. This ranks it number 2432th in the whole country for real estate investors looking at median house price increases.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Richlands itself are offering an average vendor discount of -6.19% to real estate investors.
Richlands is 319th on a list of best yielding suburbs for rents in QLD with a 4.81% return