With a capital gain of 7.78% for the last 12 months, Meadowbrook, 4131 has performed for property investments than its average annual 2.93% property growth over the last 5 years.
Meadowbrook,4131 was ranked 2523 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -3.58% to buyers in Meadowbrook at the moment, which is less than average for the rest of QLD.
Advertised rents are around the $395 mark per week – giving a return of 4.92% based on the median price in Suburb
If you compare the increase in value of investment property in Meadowbrook, 4131 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.48%.
If we look at median property appreciation over just the last three months, Meadowbrook has given property investors a paper return of 0.49%. This puts Suburb as 148 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Meadowbrook should be aiming for at least -7.47% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Meadowbrook the average time real estate has been on the market is 160.5 days.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.