QLD has seen average median house prices change by 2.38% which means that Macleay Island, 4184 has done well for property investors by showing a capital gain of 2.17% over the last year
While Macleay Island,4184 ranked number 107th in QLD for increase in median house value (annualised) increase, it is ranked 479th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.24% offered to property buyers. Sellers in Macleay Island itself are offering an average vendor discount of -8.93% to real estate investors.
On average over the past year, suburb has had 8.42 sales per month, which equates to 101 per year.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.75%, without taking into account capital value appreciation, which has been averaging out at 1.19%.