Runcorn has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.70% to date .
Comparing Runcorn,4113 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -5.56% to buyers in Runcorn at the moment, which is less than average for the rest of QLD.
In the last year 146 properties changed hands in Runcorn, which puts it as the 128th most active market in QLD when comparing the number of sales per suburb.
Runcorn, 4113’s gross rental yield is 3.87%
At number 1057th in the list of Australian suburbs ordered by increase in median house value over the last year, Runcorn, 4113 is in the BOTTOM 40% with a property value increase of 0.28% recorded in median house prices.
If we look at median property appreciation over just the last three months, Runcorn has given property investors a paper return of -0.28%. This puts Suburb as 190 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Runcorn should be aiming for at least -5.00% off the asking price, which is the average vendor discount being achieved at the moment.