QLD has seen average median house prices change by 2.51% which means that Highland Park, 4211 has done well for property investors by showing a capital gain of 1.79% over the last year
If we look at median property appreciation over just the last three months, Highland Park has given property investors a paper return of 3.05%. This puts Suburb as 168 on a list of fastest fasting appreciating suburbs in QLD
Highland Park4211 is located in QLD which offers an average discount of -7.21% to property investors. Highland Park itself is showing figures that indicate -4.49% is the average achievable by property buyers investing in the suburb.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 5.11%, without taking into account capital value appreciation, which has been averaging out at 3.38%.
If you compare the increase in value of investment property in Highland Park, 4211 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.09%.
Across a shorter period, Highland Park, 4211 has seen a median price increase of 3.45% over the last quarter.
Sellers are offering property buyers an average discount of -4.63% to buyers in Highland Park at the moment, which is less than average for the rest of QLD.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 4.84%, investors should hope to achieve an overall return of 6.24%