Investment property in Runcorn has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.38%
Over the longer term, Runcorn has seen property prices show investors a 23.87% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Runcorn, 4113. Typically our figures indicate that -5.49% is being offered, which puts this QLD suburb at 2198th most discounted overall in Australia.
On average over the past year, suburb has had 12.50 sales per month, which equates to 150 per year.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Runcorn, 4113 ranked 251th in QLD when comparing growth in median property values or capital gain over the last 12 months. Runcorn is one of 2415 in our list for QLD
Over the longer term, Runcorn has seen property prices show investors a 2.80% return over the last 3 years. This is worse than over the last 12 months
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Runcorn itself are offering an average vendor discount of -5.07% to real estate investors.
In the last year 119 properties changed hands in Runcorn, which puts it as the 77th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $395 mark per week – giving a return of 5.85% based on the median price in Suburb