Hillcrest has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.59% to date .
While Hillcrest,4118 ranked number 315th in QLD for increase in median house value (annualised) increase, it is ranked 361th over the last 5 years.
The most recent median price for Hillcrest is $367750, with sellers offering an average of -4.75% off the asking price.
Hillcrest, 4118’s gross rental yield is 5.23%
Over the last year, property investments in Hillcrest, 4118 have given investors a capital gain of 6.75%. This compares favourably with the 1.70% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hillcrest has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Hillcrest is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 260th in terms of most discounted suburbs in QLD