Tanah Merah, 4128 ranked 631th in QLD when comparing growth in median property values or capital gain over the last 12 months. Tanah Merah is one of 2415 in our list for QLD
While Tanah Merah,4128 ranked number 439th in QLD for increase in median house value (annualised) increase, it is ranked 488th over the last 5 years.
Vendor discounting in Tanah Merah is giving property investors an average Vendor Discount of around -4.76%. This puts suburb at number 689th in QLD when ranking the most discounted suburbs.
Property investors should expect to get $412.5 weekly from the median priced house in this suburb.
Tanah Merah is in the bottom 20% in QLD when comparing median price capital growth over the last year. Tanah Merah gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.17%.
Taking the average capital gain, or increase in median house value, Tanah Merah,4128 has racked up an average of -9.17% over the period. This ranks it number 202th in the whole country for real estate investors looking at median house price increases.
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 -5.04% to real estate investors.
At number 1177 in a list of fastest selling suburbs, Tanah Merah is in the bottom 30% of suburbs in Australia with an average of days on market 103.08 for properties listed there.
With the median price for a house in Tanah Merah being $272500 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 6.11%