QLD has seen average median house prices change by 1.98% which means that Lota, 4179 has done well for property investors by showing a capital gain of 4.48% over the last year
If we look at median property appreciation over just the last three months, Lota has given property investors a paper return of -3.72%. This puts Suburb as 743 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 -7.32% offered to property buyers. Sellers in Lota itself are offering an average vendor discount of -4.36% to real estate investors.
Often selling an investment property can take time, and in Lota the average time real estate has been on the market is 56.56 days.
With the median price for a house in Lota being $595000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.93%