Tanah Merah has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 12.20% to date .
Tanah Merah,4128 was ranked 2584 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Tanah Merah is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 551th in terms of most discounted suburbs in QLD
At number 1543 in a list of fastest selling suburbs, Tanah Merah is just in the top half of suburbs in Australia with an average of days on market 67.52 for properties listed there.
Tanah Merah is 337th on a list of best yielding suburbs for rents in QLD with a 4.75% return
Property investors who have had real estate in Tanah Merah, 4128 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.67%
A -23.89% growth in median value for property investors in Tanah Merah,4128 puts this suburb at number 15th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Tanah Merah itself are offering an average vendor discount of -6.00% to real estate investors.
With the median price for a house in Tanah Merah being $274000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.69%