At number 2280th in the list of Australian suburbs ordered by increase in median house value over the last year, Hope Island, 4212 is in the BOTTOM 50% with a property value increase of 3.63% recorded in median house prices.
If we look at median property appreciation over just the last three months, Hope Island has given property investors a paper return of -0.39%. This puts Suburb as 571 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hope Island, 4212. Typically our figures indicate that -5.05% is being offered, which puts this QLD suburb at 2499th most discounted overall in Australia.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 4.82%, investors should hope to achieve an overall return of 4.21%
If you compare the increase in value of investment property in Hope Island, 4212 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 12.41%.
While Hope Island,4212 ranked number 37th in QLD for increase in median house value (annualised) increase, it is ranked 24th over the last 5 years.
At number 87th of QLD’s most discounted properties, Hope Island is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $570 weekly from the median priced house in this suburb.