Investment property in Shailer Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.94%
Across a shorter period, Shailer Park, 4128 has seen a median price increase of 1.35% over the last quarter.
Sellers are offering property buyers an average discount of -5.31% to buyers in Shailer Park at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 16.58 sales per month, which equates to 199 per year.
With the median price for a house in Shailer Park being $525000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.46%
With a capital gain of 7.27% for the last 12 months, Shailer Park, 4128 has performed for property investments than its average annual 4.98% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Shailer Park has fallen somewhat when compared to the 5 year average annual rate.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.97% offered to property buyers. Sellers in Shailer Park itself are offering an average vendor discount of -6.35% to real estate investors.