Stretton is in the bottom 40% in QLD when comparing median price capital growth over the last year. Stretton gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.16%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Stretton has increased when compared to the 5 year average annual rate.
Vendor discounting in Stretton is giving property investors an average Vendor Discount of around -7.15%. This puts suburb at number 342th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 6.31%, investors should hope to achieve an overall return of 3.55%