Property value increases in Crestmead have tracked close to the QLD average of 2.46% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Crestmead has increased when compared to the 5 year average annual rate.
Vendor discounting in Crestmead is giving property investors an average Vendor Discount of around -5.38%. This puts suburb at number 539th in QLD when ranking the most discounted suburbs.
A $355 per week rent on the median house gives suburb investors a gross yield of circa 5.65%, without taking into account capital value appreciation, which has been averaging out at 2.65%.