Giving property investors a a stable capital gain of 6.25% for the last year, Cleveland, 4163 is the 1642th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Cleveland has given property investors a paper return of 2.06%. This puts Suburb as 229 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Cleveland itself are offering an average vendor discount of -5.65% to real estate investors.
Cleveland is 613th on a list of best yielding suburbs for rents in QLD with a 3.87% return
Property investors who have had real estate in Cleveland, 4163 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.93%
Cleveland,4163 was ranked 1333 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.95% to buyers in Cleveland at the moment, which is less than average for the rest of QLD.
In the last year 151 properties changed hands in Cleveland, which puts it as the 56th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 3.01%, investors should hope to achieve an overall return of 5.44%