Investment property in Tanah Merah has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.04%
If we look at median property appreciation over just the last three months, Tanah Merah has given property investors a paper return of 4.22%. This puts Suburb as 107 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Tanah Merah is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 723th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
With a capital gain of -18.55% for the last 12 months, Tanah Merah, 4128 has performed for property investments than its average annual 5.47% property growth over the last 5 years.
Over the longer term, Tanah Merah has seen property prices show investors a 6.54% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.69% to buyers in Tanah Merah at the moment, which is less than average for the rest of QLD.
The QLD suburb of Tanah Merah, 4128 is in the Logan local government area.