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 6.11%
When looking at the potential capital gains offered to property investors over the last 3 years, Runcorn comes in at number 173th in QLD.
At number 580th of QLD’s most discounted properties, Runcorn is in the TOP 30% of the state/territory when listing in order of most discounted to least.
A $405 per week rent on the median house gives suburb investors a gross yield of circa 3.91%, without taking into account capital value appreciation, which has been averaging out at 6.23%.
If you compare the increase in value of investment property in Runcorn, 4113 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.44%.
If we look at median property appreciation over just the last three months, Runcorn has given property investors a paper return of -0.42%. This puts Suburb as 213 on a list of fastest fasting appreciating suburbs in QLD
Runcorn, 4113 is offering QLD ‘s 245th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
With the median price for a house in Runcorn being $355000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.71%