With a capital gain of 0.53% for the last 12 months, Richlands, 4077 has performed for property investments than its average annual 5.01% property growth over the last 5 years.
Comparing Richlands,4077 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Richlands is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 425th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.65%, without taking into account capital value appreciation, which has been averaging out at 5.01%.