At number 571th in the list of Australian suburbs ordered by increase in median house value over the last year, Lota, 4179 is in the top 20% with a property value increase of 15.52% recorded in median house prices.
While Lota,4179 ranked number 429th in QLD for increase in median house value (annualised) increase, it is ranked 51th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Lota is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 685th in terms of most discounted suburbs in QLD
Residents and property investors in Lota have been waiting around 56.96 days to sell a property.
With the median price for a house in Lota being $621500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.77%