Property investors who have had real estate in Moorooka, 4105 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.72%
Over the longer term, Moorooka has seen property prices show investors a 15.43% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Moorooka 4105 should be seeing an average reduction in asking price of around -6.82% . This means that Moorooka is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 13.08 sales per month, which equates to 157 per year.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 5.59%, investors should hope to achieve an overall return of 3.74%
Over the last year, property investments in Moorooka, 4105 have given investors a capital gain of -8.52%. This compares very badly with the 0.65% for QLD as a whole.
Moorooka,4105 was ranked 1438 in Australia by increase in median property value over the quarter.
Moorooka, 4105 is offering QLD ‘s 143th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.