Sheldon has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.57% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sheldon has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Sheldon itself are offering an average vendor discount of -8.28% to real estate investors.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.