If you compare the increase in value of investment property in Cleveland, 4163 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.78%.
A 19.84% growth in median value for property investors in Cleveland,4163 puts this suburb at number 455th in terms of best performing suburbs in QLD
Property buyers and investors in Cleveland 4163 should be seeing an average reduction in asking price of around -5.85% . This means that Cleveland is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
Property investors who have had real estate in Cleveland, 4163 should be relatively 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 -2.50%
While Cleveland,4163 ranked number 102th in QLD for increase in median house value (annualised) increase, it is ranked 189th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Cleveland is offering property investors an average of -5.70. This rate of discount on properties puts Suburb at number 146th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $4680 per annum or $390 every week.