Over the last year, property investments in Eight Mile Plains, 4113 have given investors a capital gain of 5.05%. This compares favourably with the 2.38% for QLD as a whole.
A 36.01% growth in median value for property investors in Eight Mile Plains,4113 puts this suburb at number 193th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Eight Mile Plains should be aiming for at least -5.29% off the asking price, which is the average vendor discount being achieved at the moment.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 3.27%, without taking into account capital value appreciation, which has been averaging out at 6.68%.
At number 1439th in the list of Australian suburbs ordered by increase in median house value over the last year, Eight Mile Plains, 4113 is in the BOTTOM 20% with a property value increase of -5.27% recorded in median house prices.
A 9.59% growth in median value for property investors in Eight Mile Plains,4113 puts this suburb at number 264th in terms of best performing suburbs in QLD
Eight Mile Plains4113 is located in QLD which offers an average discount of -6.14% to property investors. Eight Mile Plains itself is showing figures that indicate -3.61% is the average achievable by property buyers investing in the suburb.
Situated 12.35km from the CBD, Eight Mile Plains is one of Brisbane localities in the postcode 4113.