Eight Mile Plains has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.32% to date .
The five-year average increase in median property values for Eight Mile Plains,4113 has given property investors a potential capital gain of 43.48% across each of those five years.
Sellers are offering property buyers an average discount of -6.69% to buyers in Eight Mile Plains at the moment, which is less than average for the rest of QLD.
With the median price for a house in Eight Mile Plains being $803500 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.11%
Investment property in Eight Mile Plains has done pretty 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 0.00%
A 13.72% growth in median value for property investors in Eight Mile Plains,4113 puts this suburb at number 158th in terms of best performing suburbs in QLD
The most recent median price for Eight Mile Plains is $400000, with sellers offering an average of -3.76% off the asking price.
With the median price for a house in Eight Mile Plains being $400000 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 5.53%