With a capital gain of 10.69% for the last 12 months, Yeronga, 4104 has performed for property investments than its average annual 4.50% property growth over the last 5 years.
While Yeronga,4104 ranked number 757th in QLD for increase in median house value (annualised) increase, it is ranked 26th over the last 5 years.
Property buyers and investors in Yeronga 4104 should be seeing an average reduction in asking price of around -8.17% . This means that Yeronga is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Yeronga the average time real estate has been on the market is 92.7 days.
Investment property in Yeronga has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.54%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Yeronga has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Yeronga is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 83th in terms of most discounted suburbs in QLD