Property investors who have had real estate in Tallai, 4213 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.77%
While Tallai,4213 ranked number 361th in QLD for increase in median house value (annualised) increase, it is ranked 425th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Tallai itself are offering an average vendor discount of -7.34% to real estate investors.
In the last year 69 properties changed hands in Tallai, which puts it as the 351th most active market in QLD when comparing the number of sales per suburb.
Tallai, 4213’s gross rental yield is 5.27%
Over the last year, property investments in Tallai, 4213 have given investors a capital gain of 15.28%. This compares very favourably with the 0.98% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Tallai comes in at number 21th in QLD.
The most recent median price for Tallai is $305500, with sellers offering an average of -5.17% off the asking price.
Often selling an investment property can take time, and in Tallai the average time real estate has been on the market is 85.46 days.