Property value increases in Hope Island have tracked just lower than the QLD average of 2.51% over the last 12 months.
Across a shorter period, Hope Island, 4212 has seen a median price increase of -1.55% over the last quarter.
Our latest figures would indicate that property sellers in Hope Island are currently offering property investors an average price cut of -4.97% below the asking price at the moment.
Residents and property investors in Hope Island have been waiting around 72.56 days to sell a property.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 4.18%, without taking into account capital value appreciation, which has been averaging out at 4.92%.
Hope Island is in the TOP 30% in QLD when comparing median price capital growth over the last year. Hope Island gave property investors a good capital gain figure when compared to the rest of the state, with 4.75%.
If we look at median property appreciation over just the last three months, Hope Island has given property investors a paper return of -2.68%. This puts Suburb as 284 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Hope Island is $618000, with sellers offering an average of -6.93% off the asking price.
Hope Island, 4212’s gross rental yield is 4.96%