Giving property investors a a stable capital gain of 8.51% for the last year, Pacific Pines, 4211 is the 1285th highest performer in Australia in this respect.
While Pacific Pines,4211 ranked number 217th in QLD for increase in median house value (annualised) increase, it is ranked 374th over the last 5 years.
Pacific Pines, 4211 is offering QLD ‘s 778th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
Over the last year, property investments in Pacific Pines, 4211 have given investors a capital gain of -2.72%. This compares badly with the 0.77% for QLD as a whole.
While Pacific Pines,4211 ranked number 261th in QLD for increase in median house value (annualised) increase, it is ranked 281th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Pacific Pines itself are offering an average vendor discount of -3.93% to real estate investors.
In the last year 99 properties changed hands in Pacific Pines, which puts it as the 98th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.02%, investors should hope to achieve an overall return of 6.12%