Investment property in Hope Island has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.16%
Over the longer term, Hope Island has seen property prices show investors a 37.97% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Hope Island are currently offering property investors an average price cut of -6.40% below the asking price at the moment.
In the last year 70 properties changed hands in Hope Island, which puts it as the 337th most active market in QLD when comparing the number of sales per suburb.
Hope Island is 603th on a list of best yielding suburbs for rents in QLD with a 3.99% return
QLD has seen average median house prices change by 1.23% which means that Hope Island, 4212 has done well for property investors by showing a capital gain of 19.05% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hope Island has increased when compared to the 5 year average annual rate.
At number 49th of QLD’s most discounted properties, Hope Island is in the bottom 20% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 52.83 sales per month, which equates to 634 per year.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of -0.66%, investors should hope to achieve an overall return of 4.58%