If you compare the increase in value of investment property in Victoria Point, 4165 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 4.00%.
Taking the average capital gain, or increase in median house value, Victoria Point,4165 has racked up an average of 4.00% over the period. This ranks it number 2312th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Victoria Point is $520000, with sellers offering an average of -4.61% off the asking price.
In the last year 264 properties changed hands in Victoria Point, which puts it as the 24th most active market in QLD when comparing the number of sales per suburb.
A $465 per week rent on the median house gives suburb investors a gross yield of circa 4.65%, without taking into account capital value appreciation, which has been averaging out at 3.10%.
Property investors who have had real estate in Victoria Point, 4165 should be relatively pleased 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 10.45%
When looking at the potential capital gains offered to property investors over the last 3 years, Victoria Point comes in at number 94th in QLD.
Victoria Point, 4165 is offering QLD ‘s 215th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
Advertised rents are around the $395 mark per week – giving a return of 5.64% based on the median price in Suburb