If you compare the increase in value of investment property in Hillcrest, 4118 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 6.21%.
If we look at median property appreciation over just the last three months, Hillcrest has given property investors a paper return of 1.22%. This puts Suburb as 336 on a list of fastest fasting appreciating suburbs in QLD
Vendor discounting in Hillcrest is giving property investors an average Vendor Discount of around -4.42%. This puts suburb at number 727th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Hillcrest the average time real estate has been on the market is 55.38 days.
Property investors who have had real estate in Hillcrest, 4118 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.97%
While Hillcrest,4118 ranked number 37th in QLD for increase in median house value (annualised) increase, it is ranked 289th over the last 5 years.
Property investors looking for a bargain in Hillcrest should be aiming for at least -3.64% off the asking price, which is the average vendor discount being achieved at the moment.
At number 850 in a list of fastest selling suburbs, Hillcrest is just in the bottom half of suburbs in Australia with an average of days on market 82.45 for properties listed there.
Hillcrest is 52th on a list of best yielding suburbs for rents in QLD with a 6.53% return