At number 1470th in the list of Australian suburbs ordered by increase in median house value over the last year, Tanah Merah, 4128 is in the top 40% with a property value increase of 8.76% recorded in median house prices.
Comparing Tanah Merah,4128 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Tanah Merah are currently offering property investors an average price cut of -4.17% below the asking price at the moment.
Tanah Merah is 309th on a list of best yielding suburbs for rents in QLD with a 4.89% 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 -18.03%
The five-year average increase in median property values for Tanah Merah,4128 has given property investors a potential capital gain of -30.56% across each of those five years.
Property investors looking for a bargain in Tanah Merah should be aiming for at least -6.10% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.