If you compare the increase in value of investment property in Kuraby, 4112 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.60%.
A 25.69% growth in median value for property investors in Kuraby,4112 puts this suburb at number 314th in terms of best performing suburbs in QLD
Kuraby4112 is located in QLD which offers an average discount of -7.21% to property investors. Kuraby itself is showing figures that indicate -5.36% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 9.00 sales per month, which equates to 108 per year.
With the median price for a house in Kuraby being $685000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.42%
Property investors who have had real estate in Kuraby, 4112 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 0.79%
When looking at the potential capital gains offered to property investors over the last 3 years, Kuraby comes in at number 232th in QLD.
Property investors looking for a bargain in Kuraby should be aiming for at least -3.92% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 5.21%, investors should hope to achieve an overall return of 6.56%