Over the last year, property investments in Thorneside, 4158 have given investors a capital gain of 9.04%. This compares very favourably with the 2.40% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Thorneside comes in at number 242th in QLD.
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 Thorneside itself are offering an average vendor discount of -6.37% to real estate investors.
Advertised rents are around the $400 mark per week – giving a return of 4.06% based on the median price in Suburb
With a capital gain of 0.81% for the last 12 months, Thorneside, 4158 has performed for property investments than its average annual 4.46% property growth over the last 5 years.
Thorneside,4158 has offered an average of 0.81% return per annum in house price rises to property investors over the last three years.
At number 130th of QLD’s most discounted properties, Thorneside is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Thorneside the average time real estate has been on the market is 81.08 days.
With the median price for a house in Thorneside being $310000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 6.04%