Property investors who have had real estate in Moorooka, 4105 should be ok 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 3.45%
The five-year average increase in median property values for Moorooka,4105 has given property investors a potential capital gain of 29.03% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.16% offered to property buyers. Sellers in Moorooka itself are offering an average vendor discount of -6.88% to real estate investors.
Moorooka is 641th on a list of best yielding suburbs for rents in QLD with a 3.68% return
QLD has seen average median house prices change by 0.48% which means that Moorooka, 4105 has done well for property investors by showing a capital gain of -13.85% over the last year
Comparing Moorooka,4105 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.15% offered to property buyers. Sellers in Moorooka itself are offering an average vendor discount of -5.96% to real estate investors.
At number 1071 in a list of fastest selling suburbs, Moorooka is in the bottom 30% of suburbs in Australia with an average of days on market 96.92 for properties listed there.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.38%, without taking into account capital value appreciation, which has been averaging out at 4.43%.