Giving property investors a an unimpressive capital gain of 1.33% for the last year, Eight Mile Plains, 4113 is the 2655th highest performer in Australia in this respect.
A 32.17% growth in median value for property investors in Eight Mile Plains,4113 puts this suburb at number 301th in terms of best performing suburbs in QLD
Eight Mile Plains, 4113 is offering QLD ‘s 537th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
Eight Mile Plains, 4113’s gross rental yield is 3.39%
If you compare the increase in value of investment property in Eight Mile Plains, 4113 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.85%.
While Eight Mile Plains,4113 ranked number 89th in QLD for increase in median house value (annualised) increase, it is ranked 133th over the last 5 years.
Our latest figures would indicate that property sellers in Eight Mile Plains are currently offering property investors an average price cut of -4.00% below the asking price at the moment.
On average over the past year, suburb has had 9.67 sales per month, which equates to 116 per year.
Advertised rents are around the $425 mark per week – giving a return of 5.43% based on the median price in Suburb