Investment property in Cleveland has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.72%
A 10.83% growth in median value for property investors in Cleveland,4163 puts this suburb at number 461th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -5.31% to buyers in Cleveland at the moment, which is less than average for the rest of QLD.
Residents and property investors in Cleveland have been waiting around 65.79 days to sell a property.
Advertised rents are around the $450 mark per week – giving a return of 4.09% based on the median price in Suburb
Property investors who have had real estate in Cleveland, 4163 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.59%
Across a shorter period, Cleveland, 4163 has seen a median price increase of -0.25% over the last quarter.
Property investors looking for a bargain in Cleveland should be aiming for at least -4.69% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $395 mark per week – giving a return of 5.07% based on the median price in Suburb